Examples of Financing Accounts in a sentence
The year 1992 marks implementation of the Federal Credit Reform Act of 1990 and introduction of the Financing Accounts.
As a result, a number of academics have Inspections and Examinations, U.S. Securities and Exchange Commission (May 11, 2012), available at http://www.sec.gov/news/speech/2012/spch051112nc.htm.
There are individual Financing Accounts maintained for each annual book of business, or what are called budget cohorts.
The MMI Fund operates with two primary sets of financial accounts.27 First, all business transactions related to insurance operations are maintained in a series of Financing Accounts at the U.S. Treasury.28 Then, secondary reserves for unexpected claim expenses are maintained in a separate Capital Reserve Account, which is also held at the U.S. Treasury.
In the FY 2011 actuarial study, the independent actuaries estimated the amount of required loss reserves to be $29.9 billion, or $900 million more than what is currently in the MMI Fund Financing Accounts.
The Borrower may request withdrawals from the Financing Accounts to be made on the basis of reports to be submitted to the Association in form and substance satisfactory to the Association, such reports to include the FMR and any other information as the Association shall specify by notice to the Borrower (Report-based Disbursements).
The improvement in capital resources came principally from interest earnings on the Financing Accounts.
The Administration clarified that consideration had been given to the specified processes in Schedule 1 to the MO in the context of extending new Part 10A of the AO to mediation to which the MO applies.
However, no funds will be transferred between the Capital Reserve and Financing Accounts at this time.
Of note, Table 11 reflects significant movement of funds from the Capital Reserve Account to the Financing Accounts over the past three years.