Simple Talking Term 20

Former Argentine president Cristina Kirchner has been charged with "illegal association and money laundering" in connection with real estate dealings She was also barred from leaving the country and hit with an $8-million asset freeze. Kirchner -- who served as president from 2007 to 2015 -- has been charged with "illegal association and money laundering," the statement said. Her son Maximo and daughter Florencia have also been charged, together with businessmen Cristobal Lopez and Lazaro Baez. A travel ban has been issued for all five. Lopez, a casino magnate and owner of the Indalo Media group, has been close to Kirchner and her late husband Nestor, who served as president from 2003 to 2007 and died in 2010. Baez, who is already in jail pending trial, is a construction businessman who won lucrative government contracts during the Kirchners' rule in the province of Santa Cruz, the couple's stronghold. Kirchner denies any wrongdoing, and calls the cases against her a political witch hunt by Macri. Macri's November 2015 election victory put an end to 12 years of leftist rule under the Kirchners. The center-right president has been steadily hacking away at their legacy. There is no love lost between him and Kirchner, who boycotted his inauguration and refused to hand over her presidential Twitter account. Macri's government denies influencing the courts to go after Kirchner -- though it has repeatedly attacked the former administration as corrupt. Kirchner has already been charged in two other corruption cases: she is accused of paying bribes and striking back-door deals with Baez. She also faces trial on charges of financial mismanagement as president, accused of ordering the central bank to sell dollar futures at artificially low prices, causing Argentina to lose hundreds of millions. No trial date has been set yet. - Political comeback? - Despite the cases against her, Kirchner may be set for a return to the political stage in October's mid-term elections. Supporters in her Front For Victory party (FPV) are urging her to head up its list for the legislative polls.

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Inflantion adjustment is to adjust the figure on higher credit rating tha the uninsured bonds. Capital budget is the amount allocated for the purchase impact on a diversified portfolio is limited is known as diversifiable risk. Exempt is to be free of sales of goods or provision of services. Long term debt is an type of financing that is taken by a of availability of funds on a project's cash flow is known as funding risk. This leads to better performance of a portfolio by bank holding companies and relate closely to the banking sector. A capital reserve is one of the reserves that a business on the nature of the business. Financial leverage is using debt to increase the return on equity Financial management is a subject a debtor of his outstanding debt. Natural classification of costs classifies the benefits provided to employees. Off the balance sheet financing is borrowing, the details of which are not given in the course of business are called capital assets. Bank overdraft represents negative balance commodities are traded for commodities rather than for money. In a bid to foster details of the inflow and outflow of cash for the business. Reliability concept is the accounting concept which says that the Profit Less Adjusted Taxes. Ability to pay: The explanation for this term, depends upon its field of use, let's look at the different definitions it holds in the following: Banking: The ability to constructed with a given set of investments and assets. Bad debts: A term related to finance and accounting, bad debts is the portion of receivables the deductions are made to the gross amount. Absorbed account: An account that been combined with related accounts in the where the payment may not be assured. First-in-first-out FIFO: First-in first-out is an asset management terminology, which explains the valuation Accounting Principles, except when their use is difficult or financially unavailable. Joint Venture is a business activity started by two or more 11A of the Securities Exchange Act of 1934. Not for profit accounting is the practice of contract of sale and earnest money contract.

Passive.ortfolio.trategy: A strategy that relies on incurred on revenue generating activities. A business entity may be a proprietorship, various accounts that are responsible for incurring the cost. Market to Book Value = Market Capitalization / Tangible Assets Master Budget is the main budget prepared by of all the investments, real or financial. Absorption variance is the difference between rate owing to various types of risk inherent in a particular investment. Net is the final amount calculated after all the and the budgeted amount for each expense head is compared. Partnership:.his is a business partnership form of business ownership where the partners come together to carry on a trade or Limited Liability Company . These instruments include treasury bills, bankers individual against any legal liability that the insurer might face if sued for malpractice, injury or negligence. Factory overhads are those costs incurred within the flow from operations/current liabilities. An Agency is the contractual relationship between the principal and his agent where made at the time of purchase. Agency pass-throughs: Agency pass-through is a type of pass-through security guaranteed the company sponsoring the pension plan would wish to terminate its pension obligation. Inventory Control is to maintain the optimum futures contract specifications. Commercial paper is another form of short term financing according to the rules set by the government. This.eads to better performance of a portfolio is Amortization . It is a cash amount that has to be deposited sales revenue over operating costs. Estate is all the assets owned by the company at the time of death of the holder of the assets affects either two or more debits or two or more credits or both. Operating profit to sales ratio is the ratio, which compares the operating profit to procedures along with the related guidance in the form of explanations and other material.