purpose statement

Purpose statement

A form filed by a borrower that describes the use of a loan backed by securities, and guarantees that the funds lent will not be used illegally to buy securities against Federal Reserve regulations.

Purpose Statement

A form banks require borrowers to fill out when borrowing funds secured by margin stock in excess of a certain amount. The purpose statement indicates the reason the borrower is taking out the loan and guarantees that he/she will not use the funds to buy securities in violation of SEC or other regulations.

purpose statement

A document that states the use to which proceeds of a loan that is backed by securities are to be put. The borrower agrees not to use the funds to purchase securities in violation of Federal Reserve credit regulations.
References in periodicals archive ?
They truly embody Maxim's Purpose Statement - Caring, Serving, Enriching Lives.
Central to the brand is ASTM's new purpose statement, 'Helping our world work better.
Develop a purpose statement, which is a written declaration of what a home intends to accomplish through QAPI.
1) Introduction: will provide adequate foundation for the body of the paper and will include a purpose statement for the paper
He added that through the O&L Group's purpose statement 'Creating a future, enhancing life', Pick n Pay was proud to be associated with and support, amongst others, the Ministry of Trade and Industry's Growth at Home strategy that aims to develop the economy through local growth.
Documenting CE Planning: Learn the Process, Reduce the Stress Agenda: 8:00-8:20 Registration 0820-0830 Welcome and Introductions 0830-0850 Documenting needs assessment, Gaps, and Developing a Purpose statement 0850-0915 Choosing presenters, locations 0915-1000 Completing Biographical Data/Conflict of Interest forms 1000-1010 Break 1010-1120 Writing measurable learning objectives and the content that makes them achievable 1120-1200 Choosing teaching/learning strategies that meet Adult Learning Needs 1200-1215 Evaluating learning--critical to demonstrating Return on Investment 1215-1230 Putting it all together 1230-1240 Complete/submit the evaluation form and receive a Certificate for 4.
If you create a purpose statement, you may need to adjust some other definitions you've created for yourself and your organization.
is one of the two questions that entrepreneurs must ask themselves when generating their purpose statement.
In a statement, Ms Kajla said: "All I ever did was try to uphold the HMPS purpose statement, which clearly states that their duty is to 'look after prisoners with humanity' and I sought to apply that in my work by treating prisoners with respect.
Going beyond theory, Daubert describes in lively and personal vignettes how to practice midwifery for both purpose statement and principles.
Chapters use stories from women who made that climb to provide case histories of success, from how to create a personal purpose statement to guide you through the business world to establishing business and personal contacts to encourage this rise.