By including the language "other than the taxpayer" a taxpayer is permitted under the Code to borrow
from family members or entities in which he or she has an ownership interest and increase his or her at-risk amount, as long as the lender does not have a direct or indirect disqualifying interest in the activity (other than the relationship with the taxpayer).
The policy had reached a point at which it was "overloaned," which means the woman could no longer borrow
against the policy to pay the premiums and loan interest.
Tuition increases and cutbacks in government have forced graduate students to borrow
at record levels to finance their educations, creating a new class of indebted workers, a report released Wednesday shows.
Other states (Florida, Kentucky, Missouri, Oklahoma, Pennsylvania, and Wisconsin) do not apply any residency requirement to determine whether to borrow
another state's statute of limitation.
The greater reluctance to borrow
weakened the historical relationship between discount window borrowing and the spread of the federal funds rate over the discount rate.
Debt is not always a bad thing, of course; it's what it's used for that determines whether it's been smart or stupid to borrow
joins KCS from BNSF Railway, where he served in a variety of financial roles over the last decade, most recently as general director finance.
In an affiliated group, this typically occurs when one corporation borrows
funds from a third party, then transfers the funds to a related affiliate that invests them in exempt obligations.
SEATTLE, March 17 /PRNewswire/ -- Bag Borrow
or Steal, the nation's leading "borrowed
luxury" retailer that allows women to borrow
designer handbags and jewelry online, today announced it has partnered with New Line Cinema to promote the release of the Sex and the City movie, debuting in theaters nationwide on May 30, 2008.
The broker then borrows
another 10,000 shares of XYZ stock from a third party and sells the borrowed
shares "short" on behalf of S.
Smart Mississippi was established in December by a group of Mississippi-based short term lenders who recognized a need to establish accountability within the industry and to better educate customers and the public about the smart use of their services.
Easy Money encourages consumers to Borrow
Smart in TV spot