Restricted Asset

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Restricted Asset

Money or another asset that may be used only for a certain purpose. For example, a donor may give to a nonprofit, provided the donation is used exclusively to fund a scholarship for underprivileged children. Restricted assets must be accounted separately from an organization's other funds.
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The Institute has internally restricted assets to stabilize income during the transition of operations and funding arrangements, as well as anticipated future staff benefits, and lease renewal costs.
(31) Furthermore, by adding Inequality (34), we acknowledge the fact that the restricted assets backing the insurer's technical provisions usually need to comply with strict investment limits.
Restricted assets (grants receivable) make up the largest asset class, which represent future funding commitments from Intel, Broadcom and other funders for science competitions and other program work.
In contrast, nonprofits must satisfy donor stipulations before using the applicable restricted assets.
Another large category of restricted assets are those belonging to the CBI.
He added "In return, we will continue to suspend the sanctions we agreed to under the JPOA and will allow Iran access to USD 2.8 billion dollars of its restricted assets, the four-month prorated amount of the original JPOA commitment."
After Volcker, the market value "could drop by up to 5.5 per cent." Selling the restricted assets after such a decline could cost the banks as much as $3.6 billion, according to the report.
Iran will gain access to $4.2 billion in restricted assets, released in regular instalments through the 6-month period.
The operating, cash reserve, facilities and endowment columns were all collapsed into new categories--unrestricted, temp restricted and permanently restricted assets became the new terminology.
The associated credit agreement precluded the partnership from disposing of or subordinating the Y notes except to the extent that any proceeds were used to refinance the Y notes or otherwise invest in cash or cash equivalents (but held as restricted assets).
Assuming stability in interest rates and the sustainability of last years' growth rates, foregone gross interest income will be close to 90,000 m of colones ( 180 m s) or 6% of last year's gross interest income generated by the restricted assets.

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