Defination Deficit Financing Deficit budget means that Govt. expenditure is more than its income from taxes and fee etc. Resources for deficit budget are met by borrowing‚ which is called Deficit Financing. In Pakistan deficit financing is needed because development programs require huge finance whereas domestic savings and income from taxes are not sufficient enough for this purpose. Increasing savings habits‚ population control‚ elimination of corruption‚ decrease in non-productive expenditure
Free Economics Investment Money
services to the customer. Fund based services of NBFCs include: leasing‚ hire-purchase and other asset based services whereas fee based services of NBFCs include bill discounting‚ portfolio management and other advisory services. LEASE FINANCING Leasing as financial service is a contractual agreement where the owner (lessor) of equipment transfers the right to use the equipment to the user (lessee) for an‚ agreed period of time in return for a rental. At the end of the lease period the
Premium Lease Leasing Finance lease
Debt and equity are essentially the ways in which companies can raise capital. Debt financing is when a company takes out a loan that generally has a defined time period and interest rate attached to the transaction. Debt financing include loans‚ leases‚ bank overdrafts and terms of trade. Next‚ equity financing is when a company issues shares to the other investors which can be the general public or investment companies. These shares represent ownership of the company to the extent of the shares
Premium Finance Stock Debt
After the September 11 attack the Federal Government took several steps to combat terrorist financing‚ resulting with "More than $140 million in terrorist’s assets have been frozen across the some 1‚400 bank accounts worldwide." (Kaplan‚ 2006‚ Council on Foreign Relations) The United States government along with several other countries worked together and passed several laws to combat terrorist financing. After September 11‚ 2001‚ the thought of another attack weighed heavy on the minds of the federal
Premium Terrorism Money laundering September 11 attacks
: POWER SYSTEM PROTECTION LAB. PERFORMANCE DATE : 25.01.2010 SUBMISSION DATE : 13.02.2010 SUBMITTED TO : Mr. Shaikhul Arefin Khan. Lecturer‚ Department of EEE‚ Stamford University‚ Bangladesh. This report is Prepared on the base of Energypac study tour in Saver. POWER SYSTEM PROTECTION LAB (FINAL REPORT) OBJECTIVE: The objective of this course is to study the protection of power system
Premium Transformer Circuit breaker Electricity distribution
Risk Financing Risk imposes costs in two broad forms – loss costs and the costs of uncertainty. Risk financing attempts to mitigate the impact of these costs by structuring the availability of funds to pay claims‚ aid recovery and enable the organization to maintain financial stability as it moves forward towards its mission. How risk financing occurs can vary. At one end of the scale‚ fully self-insured entities retain responsibility and‚ if risk-related costs arise‚ the entity directly bears those
Premium Risk management Insurance
Power System Stabilizers Term Project Control of Electric Motors ECE 6670 Gary S Lear December 16‚ 2013 Table of Contents I. Introduction ........................................................................................................ 1 II. Simulation of Linearized State-Space Model.................................................... 2 A. Open-Loop Simulation ............................................................................ 2 B. PI Automatic Voltage Regulator
Premium Control theory
CLUSTER FINANCING Definition of Cluster in the Indian Context Clusters can be defined as Sectoral and geographical concentration of enterprises‚ in particular Small and Medium Enterprises (SME)‚ faced with common opportunities and threats which can: a. Give rise to external economies (e.g. specialized suppliers of raw materials‚ components and machinery; sector specific skills etc.); b. Favour the emergence of specialized technical‚ administrative and financial services; c. Create a conducive
Premium Multinational corporation Corporation Economic geography
Researchers – FEI TU of Košice Stability of Power System (May 2011) 1 1 Vladimír KRIŠTOF‚ 2Stanislav KUŠNÍR‚ 3Matúš KATIN Dept. of Electric Power Engineering‚ FEI TU of Košice‚ Slovak Republic Dept. of Electric Power Engineering‚ FEI TU of Košice‚ Slovak Republic 3 Dept. of Electric Power Engineering‚ FEI TU of Košice‚ Slovak Republic 2 1 vladimir.kristof@tuke.sk‚ 2stanislav.kusnir@tuke.sk‚ 3matus.katin@tuke.sk change rapidly‚ but the mechanical power into the machine is relatively slow to
Premium Electrical engineering Electric power transmission Electrical generator
12 Power System Stability 12.1 INTRODUCTION The stability of an interconnected power system is its ability to return to normal or stable operation after having been subjected to some form of disturbance. Conversely‚ instability means a condition denoting loss of synchronism or falling out of step. Stability considerations have been recognized as an essential part of power system planning for a long time. With interconnected systems continually growing in size and extending over vast geographical
Premium Electrical engineering Electric power transmission Torque