Linked investment definition

Linked investment means a certificate of deposit issued pursuant to this section and sections 12.34 through 12.43 to the treasurer of state by an eligible lending institution, at an interest rate not more than three percent below current market rate on the condition that the institution agrees to lend the value of the deposit, according to the investment agreement provided in section 12.35, to an eligible borrower at a rate not to exceed four percent above the rate paid on the certificate of deposit. The treasurer of state shall determine and make available the current market rate which shall be used each month.86 Acts, ch 1096, §2; 89 Acts, ch 234, §2; 96 Acts, ch 1058, §1; 97 Acts, ch 195, §1, 2, 10; 99Acts, ch 177, §1, 9; 2000 Acts, ch 1058, §4, 5; 2001 Acts, ch 24, §1; 2006 Acts, ch 1165, §2Referred to in §12.31, 12.34, 12.35, 12.36, 466.8
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Linked investment means a certificate of deposit issued pursuant to this section and sections 12.34 through 12.43 to the treasurer of state by an eligible lending institution, at an interest rate not more than three percent below current market rate on the condition that the institution agrees to lend the value of the deposit, according to the investment agreement provided in section 12.35, to an eligible borrower at a rate not to exceed four percent above the rate paid on the certificate of deposit. The treasurer of state shall determine and make available the current market rate which shall be used each month.
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Linked investment means a certificate of deposit
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Examples of Linked investment in a sentence

  • The timing of cash flows is based on the expected run-off of the reserves.– Linked investment reserves: derived via undiscounted cash flows but only considering contractual maturities and no other form of decrement.

  • Linked investment will be critical for both projects funded by San Antonio’s 2012 bond issuance and for future public investments in the downtown.

  • Linked investment contracts These represent PSG Life Ltd clients’ assets held under investment contracts, which are linked to a corresponding liability.

  • Linked investment contracts, consolidated mutual funds and other client-related balances ("client-related balances")Client-related balances result in assets and liabilities of equal value being recognised in the consolidated statement of financial position, although not directly related to PSG Group/PSL shareholders.

  • Capital Gains Schemes, Equity Linked investment plan etc., Recently it has been divided into two UTI -1, AMC-1 which covers only unit 1964 scheme and all other schemes are managed by AMC-2.2. Public Sector Banks:The monopoly of UTI in the field of Mutual Fund Industry was broken in 1987 with entry of Public Sector Banks and sponsoring Mutual Fund Trust.

  • AMP Capital has an ESG (Environmental, Social and Corporate Governance) and Responsible Investment (RI) Philosophy describing its approach to considering these issues in their investment decision making which is available at ampcapital.com.au/esg.Investment Linked investment strategies‌This section illustrates the composition of the asset sectors in which the various investment options are invested.

  • Symphonia Life is an individual Unit Linked investment plan coupled with insurance benefits.

  • Linked investment service providers A linked investment service provider (“LISP”) is a financial institution that packages, distributes and administers a broad array of unit trust arrangements (including voluntary and retirement products).

  • For any other investment accounts, deposit the cash into our bank account.• Linked investment service provider (LISPs) and unit trust management companies do not allow transfers after the 25th day of a month until the second business day of the next month.

  • Linked investment account An account or other investment opened and maintained in accordance with the facility documents.


More Definitions of Linked investment

Linked investment means a certificate of deposit placed pursuant to this section and sections 12.33 through 12.43B by the treasurer of state with an eligible lending institution, at an interest rate not more than three percent below current market rate on the condition that the institution agrees to lend the value of the deposit, according to the investment agreement provided in section 12.35, to an eligible borrower at a rate not to exceed four percent above the rate paid on the certificate of deposit. The treasurer of state shall determine and make available the current market rate which shall be used each month.
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Linked investment means a certificate of deposit placed
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Linked investment means an Equity Linked Investment, a Currency Linked Investment, an Index Linked Investment, an Asset Linked Investment or other linked investments. Any references to “Linked Deposit” in any agreement with clients with respect to a Service shall also be construed as a reference to “Linked Investment”;
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Linked investment means a certificate of deposit issued pursuant to this section and
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Linked investment means a certificate of deposit placed with an eligible lending institution; provided that the eligible lending institution agrees to lend not more than ninety per cent of the value of the certificate of deposit to an eligible borrower at a rate not more than the prime rate or per cent a year, whichever is less; and provided further that the certificate of deposit shall: (1) Earn a rate of interest of not less than the current market rate; (2) Not be subject to a penalty for early withdrawal; and (3) Have a maturity of one year for the initial period with an option for renewal for eight additional one year periods.
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Linked investment means a certificate of deposit placed with an eligible lending institution; provided that the eligible lending institution agrees to lend not more than ninety per cent of the value of the certificate of deposit to an eligible borrower at a rate not more than the prime rate or per cent a year, whichever is less; and provided further that the certificate of deposit shall:
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Related to Linked investment

  • Authorized Investment means any type of instrument, security, participation or other property in which Cash Collateral may be invested or reinvested, as described in Section 5(f) hereof and Appendix 4 hereto (and as such Appendix may be amended from time to time by written agreement of the parties).

  • Authorized Investments means: any investment which may be authorized by the Commission but does not include restricted investments as specified in the Offering Documents from time to time.

  • Qualified Investments means any of the following if and to the extent permitted by law:

  • Permitted Investment means an Investment by the Company or any Restricted Subsidiary in:

  • Restricted Investment means an Investment other than a Permitted Investment.

  • Permitted Investments means:

  • Investments as defined in Section 7.8.

  • Investment Assets means all debentures, notes and other evidences of Indebtedness, stocks, securities (including rights to purchase and securities convertible into or exchangeable for other securities), interests in joint ventures and general and limited partnerships, mortgage loans and other investment or portfolio assets owned of record or beneficially by Seller (other than trade receivables generated in the ordinary course of business of the Seller).

  • Nonpurpose Investment means any investment property, as defined in section 148(b) of the Code, in which Gross Proceeds of the Bonds are invested and which is not acquired to carry out the governmental purposes of the Bonds.

  • Investment means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means of (a) the purchase or other acquisition of capital stock or other securities of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of debt of, or purchase or other acquisition of any other debt or equity participation or interest in, another Person, including any partnership or joint venture interest in such other Person and any arrangement pursuant to which the investor Guarantees Indebtedness of such other Person, or (c) the purchase or other acquisition (in one transaction or a series of transactions) of assets of another Person that constitute a business unit. For purposes of covenant compliance, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment.

  • Controlled Investment Affiliate means, as to any Person, any other Person, other than any Investor, which directly or indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Company and/or other companies.

  • Restricted Investments means all Investments except the following: