Ability to pay definition

Ability to pay means a customer’s financial capacity to meet his or her utility service obligation, considering all of the fol- lowing factors:
Ability to pay means a customer’s financial capacity to meet the customer’s utility service obligation;
Ability to pay means the ratio of the applicants’ total outstanding loan debt to the applicants’ salary, adjusted for the Metropolitan Statistical Area.

Examples of Ability to pay in a sentence

  • Ability to pay This assessment is based on a detailed financial risk assessment.

  • Ability to pay The quality of the origination impacts the performance of the underlying asset & thus originators with strong systems and processes in place can eliminate poor quality assets.

  • Ability to pay for the service!Financial support for the planning and delivery of public transit services comes from many sources.

  • Ability to pay is represented by the EFC for federal need-based aid and for many state and institutional programs.Financial Need Equation: Cost of attendance minus expected family contribution equals financial need (COA - EFC = Need).First-Time Student: A student attending any institution for the first time after high school graduation.

  • Ability to pay future dividendsThe Company’s ability to pay dividends in the future is dependent upon the extent that it has distributable reserves and cash available for this purpose.


More Definitions of Ability to pay

Ability to pay means a customer's financial capacity to meet the customer's utility service
Ability to pay means the ability of a responsible party to pay for the cost of services, as determined by the department under sections 818 and 819.
Ability to pay means a mobile home park occupant’s financial capacity to meet the mobile home park occupant’s water and sewer service obligation.
Ability to pay means a manufactured home community occupant’s financial capacity to meet the manufactured home
Ability to pay means the amount of income and assets of the legally responsible person(s) available to pay for the individual cost of community mental health treatment and room and board for a child in residential treatment.
Ability to pay means the overall capability of the defendant to reimburse the costs, or a portion of the costs, of the legal assistance provided to the defendant, and shall include, but not be limited to, all of the following:
Ability to pay means that the resources of the defendant, including all available income and resources, are sufficient to pay the fine and provide the defendant and his or her dependents with a reasonable subsistence compatible with health and decency.