- impairment of capital
- A deficiency in the capital of a bank, but not necessarily a condition of insolvency. 10 Am J2d Bks § 41. Distribution reducing capital of corporation. 19 Am J2d Corp § 819.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Ballentine's law dictionary. Anderson, W.S.. 1998.
capital — cap·i·tal 1 adj [Latin capitalis, from caput head, a person s life (as forfeit)] 1 a: punishable by death capital murder b: involving execution a capital case 2 [Medieval Latin capitalis chief, principal, from Latin … Law dictionary
Impairment — 1. A reduction in a company s stated capital. 2. The total capital that is less than the par value of the company s capital stock. 1. This is usually reduced because of poorly estimated losses or gains. 2. Impairment can be used in many contexts … Investment dictionary
capital impairment — Reduction of assets of corporation below aggregate of outstanding shares of capital stock … Black's law dictionary
capital impairment — Reduction of assets of corporation below aggregate of outstanding shares of capital stock … Black's law dictionary
restoration of capital — Correcting an impairment of capital of a bank … Ballentine's law dictionary
impair — im·pair /im per/ vt 1: to damage or make worse by or as if by diminishing impair ed health 2: to diminish the value of (property or property rights); specif: to diminish the value of (legal contractual obligations) to the point that a party loses … Law dictionary
New York State Banking Department — Past NY Banking Superintendents Superintendent Appointment Date Daniel B. St. John April 15, 1851 Marius Schoonmaker April 4, 1854 James M. Cook January 30, 1856 Henry H. Van Dyck April 16, 1861 Edward Hand (banking) August 9, 1865 Emerson W. K … Wikipedia
annual revenue — The amount produced in a year by the employment of capital without any impairment of capital. Re Tutorship of the Minors of George M. Ratcliffe, 139 La Ann 996, 72 So 713 … Ballentine's law dictionary
List of GASB Statements — The Governmental Accounting Standards Board Statements (GASB Statements in short) are issued by GASB to set generally accepted accounting principles (GAAP) for state and local governments in the United States of America. These statements are the… … Wikipedia
assessment — In the most common sense, the imposing of a tax by a listing of the persons and property to be taxed and a valuation of the property of each person as a basis of apportionment and levy, such acts usually being performed by administrative officers … Ballentine's law dictionary