Financial Asset - Law Dictionary Search Results

Financial asset

Matched in: Term Financial asset

debtor. It means a person liable to a originator, whether under a contract or otherwise, to pay a financial asset or to discharge any obligation in respect of a financial asset, whether existing, future, con-ditional or contingent and … a contract or otherwise, to pay a financial asset or to discharge any obligation in respect of a financial asset, whether existing, future, con-ditional or contingent and includes the borrower. [Securitisation and Reconstruction of Financial Assets and Enforcement

asset

Matched in: Term asset

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Property

mark, licence, franchise or any other business or commercial right of similar nature. [The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, s. 2(t)] Means any property of assets or every description, … undertaking. The expression 'property' in Entry 42, List III has a wide connotation; and it includes not only assets, but the organisation, liabilities and obligations of a going concern as a unit, Shri Krishna Gyanoday Sugar Ltd.

Secured creditor

Secured creditor, means any bank or financial institution or any consortium or group of banks or financial institutions and includes, (i) debenture trustee appointed by … interest is created for due repayment by any borrower of any financial assistance. [Securitisation and Recon-struction of Financial Assets and Enforcements of Security Interest Act, 2002 (54 of 2002), s. 2(1) (zd)] Secured creditor, means any bank

Asset reconstruction

Matched in: Term Asset reconstruction

Non-performing asset

Matched in: Term Non-performing asset

Securitisation

Securitisation, means acquisition of financial assets by any securitisation company or reconstruction company from any originator, whether by raising of funds by such … Securitisation, means acquisition of financial assets by any securitisation company or reconstruction company from any originator, whether by raising of funds by such securitisation

Financial Institution

Matched in: Term Financial Institution

Qualified institutional buyer

Qualified institutional buyer, means a financial in-stitution, insurance company, bank, State financial corporation, State industrial development corpora-tion, trustee or any asset management company making

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