Net Capital definition

Net Capital. Net Capital shall mean "net capital" as defined in Rule 15c3-1.

Net Capital as used in this rule, shall mean the difference between total assets and total indebtedness, as determined by generally accepted accounting principles, consistently applied, and thereafter adjusted pursuant to paragraph (K)(2) of this rule.

Net Capital means “net capital” as that term is defined in the Net Capital Rule.

Examples of Net Capital in a sentence

• Authorized firms may include primary dealers or regional dealers that qualify under Securities & Exchange Commission Rule 15C3-1 (Uniform Net Capital Rule), and qualified depositories.

• Where applicable, a Fund’s net capital and non-capital losses are reported in footnote Net Capital and Non-Capital Losses on the Statements of Changes in Net Assets Attributable to Holders of Redeemable Units.The Funds have a taxation year-end of December 15 (except Imperial Money Market Pool, which has a taxation year-end of December 31).The Funds currently incur withholding taxes imposed by certain countries on investment income and capital gains.

• Where applicable, a Pool’s net capital and non-capital losses are reported in Canadian dollars in the footnote Net Capital and Non-Capital Losses on the Statements of Changes in Net Assets Attributable to Holders of Redeemable Units.Renaissance Multi-Asset Global Balanced Income Private Pool, Renaissance Multi-Asset Global Balanced Private Pool, Renaissance U.S. Equity Currency Neutral Private Pool, and Renaissance Global Equity Private Pool have a taxation year-end of December 31.

• Where applicable, a Fund’s net capital and non-capital losses are reported in footnote Net Capital and Non-Capital Losses on the Statements of Changes in Net Assets Attributable to Holders of Redeemable Units.Renaissance Money Market Fund, Renaissance U.S. Money Market Fund and Renaissance Global Real Estate Currency Neutral Fund have a taxation year-end of December 31.

• Consideration of exemptions,non-residential) phase-ins, etc.15.3.17.16.14.of the periodD.C. Net Capital CostsCosts for new development vs.

More Definitions of Net Capital

Net Capital as defined in paragraph (c)(2) of Rule 15c3-1 of the Exchange Act.

Net Capital means liquid capital deducted by risk haircuts;

Net Capital of any Person means the net capital as shown on line 3750 of the FOCUS-II Report for such Person.

Net Capital means the amount by which current assets exceed liabilities. In determining ‘‘net capital’’:

Net Capital as defined in Rule 15c3-1, including the appendices thereto, as promulgated by the SEC under the Act (17 CFR 240.15c3-1), as such rule may be amended from time to time, or any rule or regulation of the SEC which replaces Rule 15c3-1.

Net Capital has the meaning set forth in Rule 15c3-1(c) of the General Rules and Regulations under the Exchange Act.

Net Capital means the net worth of a member company reduced by all non-approved assets and other charges;