Stabilization account definition

Stabilization account means the budget stabilization account created under RCW 43.88.525 as an account in the general fund of the state treasury.
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Stabilization account means the account in the Debt Service Fund established pursuant to Section 502;
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Stabilization account means the budget stabilization account
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Examples of Stabilization account in a sentence

  • In the enacted 2017-19 budget, the legislature shifted a portion of General Fund pension costs to the Pension Funding Stabilization Account, and instructed the Office of Financial Management to allocate this change to agency budgets.

  • GoSS representative raised the issue of the Oil Revenue Stabilization Account (ORSA), where the differences (surplus) between the budgeted and actual oil revenues are kept and which is currently held in the Central Bank of Sudan.

  • On March 31st of each year, beginning in 2013, the Rate Stabilization Account shall be increased (reduced), on a before tax basis, by the balance in the Weather Normalization Reserve accrued in the previous year.

  • Move Pension Fund Shift to AgenciesIn the enacted 2017-19 budget, the legislature shifted a portion of General Fund pension costs to the Pension Funding Stabilization Account, and instructed the Office of Financial Management to allocate this change to agency budgets.

  • The Petroleum Unit of the GoSS Ministry of Finance and Economic Planning confirmed that these transfers included a withdrawal of $254.36 million from the Oil Revenue Stabilization Account and an initial direct expenditure deduction of $19.81 million.

  • The funds now on deposit in the Rate Stabilization Account are free of any restrictions and may be used for any lawful purpose of the Authority.

  • The rate shall be set to meet the City Funding Requirement, as defined by this Agreement, after consideration of all the City sources of funding, including transfers of funds from the City Budget Stabilization Account, provided however, that the City Contribution Rate shall be at least 7% of Payroll until the entry-age actuarial liabilities of the Plan are fully funded.

  • Transfer the sum of Thirty Two Thousand and 00/100 Dollars ($32,000.00), or any other sum, from the Parks and Beaches Capital Outlay Account to the Buildings and Facilities Stabilization Account.

  • The funds shall include the Base Benefits Fund, the Enhanced Benefits Account, and the City Budget Stabilization Account.

  • Elimina- tion of sewage sludge discharge to the harbor, addition of secondary treatment, and moving the discharge of treated effluent to a new ocean outfall 15.2 km offshore in Mas- sachusetts Bay (in deeper water and away from the coast; fig.


More Definitions of Stabilization account

Stabilization account means the account in the Debt Service Fund so designated and created in accordance with Section 502;
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Stabilization account. [capped at 80% of the Purchase Payment]. STABILIZED PAYMENT: The Stabilized Payment is equal to this adjusted sum and then adjusted again such that:
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Stabilization account. An account that increases with the excess of the Supportable Payment over the Stabilized Payment and decreases with the excess of the Stabilized Payment over the Supportable Payment. The Stabilization Account, when positive, is credited with the investment gains or losses of the Investment Options chosen by Contract Owner. The Stabilization Account is used to stabilize income payments. It is paid out at death or at full withdrawal.
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Related to Stabilization account

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Administration Account As defined in Section 7.02.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Purchase Account means the account so designated in each Purchase and Remarketing Fund.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.