Linked deposit definition
Linked deposit means an Equity Linked Deposit, a Currency Linked Deposit, an Index Linked Deposit, an Asset Linked Deposit or other linked deposits;
Linked deposit means a time deposit governed by
Linked deposit means a certificate of deposit placed by the treasurer of state with an eligible lending institution at up to three per cent a rate below current market rates, as determined and calculated by the treasurer of state, provided the institution agrees to lend the value of such deposit, according to the deposit agreement provided in division (C) of section 135.65 of the Revised Code, to eligible small businesses at three per cent a rate that reflects an equal percentage rate reduction below the present borrowing rate applicable to each specific business at the time of the deposit of state funds in the institution.
More Definitions of Linked deposit
Linked deposit means a time deposit governed by a written deposit agreement between the state and an eligible lending institution that provides:
Linked deposit means a certificate of deposit, placed by the treasurer with an eligible lending institution at rates provided in Section 6; provided, the institution agrees to lend the value of such deposit, according to the deposit agreement provided in this part, to eligible agribusinesses, eligible alternative energy consumers, eligible alternative energy operations, eligible beginning farmers, eligible facility borrowers, eligible farming operations, eligible governmental entities, eligible job enhancement businesses, eligible livestock operations, eligible locally owned businesses, eligible marketing enterprises, eligible multitenant development enterprises, eligible residential property developers, eligible residential property owners, eligible small businesses, eligible student borrowers, or eligible water supply systems at below the present borrowing rate applicable to each eligible agribusiness, eligible alternative energy consumer, eligible alternative energy operation, eligible beginning farmer, eligible facility borrower, eligible farming operation, eligible governmental entity, eligible job enhancement business, eligible livestock operation, eligible locally owned business, eligible marketing enterprise, eligible multitenant development enterprise, eligible residential property developer, eligible residential property owner, eligible small business, eligible student borrower, or eligible water supply system at the time of the deposit of state funds in the institution;
Linked deposit means a certificate of deposit issued pursuant to sections 15 to 20, inclusive, of this act to the State Treasurer by a qualified lending institution at an interest rate not more than 2 percent below the current market rate on the condition that the institution agrees to lend the value of the deposit, according to a deposit agreement made pursuant to section 15 of this act, to an eligible small business at a rate that is at least 2 percent lower than the current market rate for such a loan.
Linked deposit means an investment account placed by the director of investments under the provisions of article 42 of chapter 75 of the Kansas Statutes Annotated, and amendments thereto, with an eligible lending institution for the purpose of the remediation linked deposit loan program.
Linked deposit means a deposit placed with a lender by the County Treasurer for a period of two years at the linked deposit interest rate, provided the lender agrees to:
Linked deposit means a certificate of deposit, share certificate, other financial institution instrument, or portion of an existing deposit of interim funds made in accordance with section 135.09 of the Revised Code that is placed, purchased, or designated by the treasurer of state with an eligible savings institution; provided the institution agrees to pay the premium savings rate to approved eligible participants, in accordance with the deposit agreement required by section 135.703 of the Revised Code.
Linked deposit means a deposit OR INVESTMENT that is placed by 10 the Administration with a lender and earns income below the prevailing market rate