TYPES OF HYBRID INSTRUMENT Hybrid financial instruments are securities issued by a company that combine features of both equity and debt. Typically‚ they offer investors • a fixed income for several years‚ and • The opportunity to acquire equity stocks in the company‚ on or after a specified future date. Straight preferred stocks also can be regarded as a form of hybrid instrument because they have characteristics that are comparable partly with those of equity stocks and partly with those
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The Federal Constitution is the supreme law of the Federation and any law passed after Merdeka Day which is inconsistent with this Constitution shall‚ to the extent of the inconsistency‚ be void. The validity of any law made by parliament or the Legislature of any State shall not be questioned on the ground that it makes provision with respect to any matter with respect to which parliament or‚ as the case may be‚ the Legislature of the State has no power to make laws‚ except in proceedings for a
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FASTIP June 2012 Mirlena Stefani FASTIP June 2012 Payment Instruments in European Area Payment Instruments in European Area Contents Introduction 1 1. Chapter I - Key Concepts - Payments 2 1.1 Paymants and the payment system 2 1.2 Types of Payment 3 1.3 Payment Instruments 4 2. Chapter II - The Payment Market Landscape in the Euro Area 6 2.1 Introduction 6 2.2 Payment instruments 7 2.2.2 Non-cash payment instruments 7 2.3 Large-value payment system operating in Euro 8 2.3
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Instruments of Ifugao Litguit traditional Filipino instrument that is used to make percussion sounds that resemble those of maracas. The instrument has a long‚ thin wooden handle‚ and‚ when it is played‚ it is struck with another long‚ slim piece of wood to produce the distinctive sound. Tongali Four-holed nose flute. There are stories from this region that say that the nose flute was used to help rice grow when it was young‚ as the rice was attracted to the soft sounds of the flute‚ and
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CONSTITUTION OF THE PEOPLE’S REPUBLIC OF BANGLADESH 4th November 1972 PREAMBLE We‚ the people of Bangladesh‚ having proclaimed our Independence on the 26th day of March‚ 1971 and through a historic war for national independence‚ established the independent‚ sovereign People’s Republic of Bangladesh; Pledging that the high ideals of absolute trust and faith in the Almighty Allah‚ nationalism‚ democracy and socialism meaning economic and social justice‚ which inspired our heroic people to dedicate
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Zion Christian Church - Mandadzaka CONSTITUTION Adopted on the…………………………………………………………. 1. ADOPTION OF THE CONSTITUTION The Church is congregational in its government: i.e. it recognizes Jesus Christ as its supreme head‚ believing in His presence and managing its affairs according to His Word and the practice of His apostles. The Church finances and its property will be administered and managed in accordance with the provisions in this Constitution. 2. NAME The Church is called Zion Christian
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Union first drafted the constitution in 1946 but it was opposed by the indigenous Malay community so it was cancelled. The current Malaysian Constitution was drafted instead on the basis of a report from the Reid Commission before the independence of the nation. The Reid Commission was formed because of the urge of the then Malaya to claim independence and was lead by Lord Reid with many experts from commonwealth nations to assist him. The reason why the Malaysian Constitution exists is to ensure political
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Amendments to the United States Constitution Someone University of XXXXX HIS/301 February 16‚ 2013 Amendments to the United States Constitution The Declaration of Independence was the creation of the Second Continental Congress. Before adjourning the first Continental Congress in October 1774‚ the delegates of that Congress agreed to reconvene the following May if the Parliament of Great Britain failed to address their grievances. Following the condemnation of Massachusetts and Suffolk
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CONFEDERATION AND CONSTITUTION By: Instructor: Comparison between the Articles of Confederation and Constitution The Articles of Confederation‚ formally known as the Articles of Confederation and Perpetual Union‚ refers to an agreement between the thirteen founding states that first formed the United States of America as a confederation of sovereign states. The Articles of Confederation had served as the first U.S. constitution (Merrill‚ 1959)
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The Articles of Confederation and the Constitution are two contrasting documents written by the Founding Fathers. The documents are very different from one another yet they share a few rare similarities. The weaknesses of the Articles of Confederation prompted Congress to scrap them and begin again with the Constitution. Not all problems were solved by the Constitution‚ but they were significantly reduced. In any case‚ the Constitution‚ the foundation of America‚ has stood for centuries with very
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