Cushion


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Cushion

In the context of project financing, the extra amount of net cash flow remaining after expected debt service.

Cushion

1. Period of time during which a bond cannot be called. Interest payments are guaranteed during the cushion, but not after, as the bond may be prematurely redeemed at any point after the call date.

2. A reserve account, or the function a reserve account serves, usually to pay off bad debt.

3. An advantageous debt-to-equity ratio, usually less than 40%.

cushion

See call protection.
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So yes, this week I have dedicated my column to cushions and they are really nice cushions indeed!
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WOODLAND WAY Watercolour |squirrel cushion PS8, All Good Things cushion PS8, brown stag head PS8, George Home 3D photographic sheep |cushion PS14, Next Moon graphite check throw PS79, Marks & Spencer Gisela |Graham large wall hanging reindeer head, PS60, The Contemporary Home, tch.net Hey foxy mug PS2.50, Tesco Direct | British deer wall sticker PS40, in-spaces.com SETTLER SPIRIT | Check duvet sets from PS15, set of two antique traveller's trunks PS99, and a skull and antler wall plaque PS49, Very.co.uk Tapestry bear cushion PS10, George Home Tapestry wolf cushion PS10, George Home Abigail Ahern grey highland cow head PS75, from her new range at Debenhams Navajo cushion PS14, Sainsbury's
Decor's new frontier; Life on the range or in a rural retreat are the wild or tame decor choices this season. GABRIELLE FAGAN tracks down the trend's key looks
GABRIELLE FAGAN tracks down the trend's key looks WOODLAND WAY Watercolour |squirrel cushion PS8, All Good Things cushion PS8, brown stag head PS8, George Home 3D photographic sheep |cushion PS14, Next Moon graphite check throw PS79, Marks & Spencer Hey foxy mug PS2.50, Tesco Direct | British deer wall sticker PS40, in-spaces.com Gisela |Graham large wall hanging reindeer head, PS60, The Contemporary Home, tch.net SETTLER SPIRIT | Check duvet sets from PS15, set of two antique traveller's trunks PS99, and a skull and antler wall plaque PS49, Very.co.uk Tapestry bear cushion PS10, George Home Tapestry wolf cushion PS10, George Home Navajo cushion PS14, Sainsbury's Abigail Ahern grey highland cow head PS75, from her new range at Debenhams
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GABRIELLE FAGAN tracks down the trend's key looks WOODLAND WAY Watercolour |squirrel cushion PS8, All Good Things cushion PS8, brown stag head PS8, George Home 3D photographic sheep |cushion PS14, Next Moon graphite check throw PS79, Marks & Spencer Hey foxy mug PS2.50, Tesco Direct Gisela |Graham large wall hanging reindeer head, PS60, The Contemporary Home, tch.net | British deer wall sticker PS40, in-spaces.com SETTLER SPIRIT | Check duvet sets from PS15, set of two antique traveller's trunks PS99, and a skull and antler wall plaque PS49, Very.co.uk Navajo cushion PS14, Sainsbury's Abigail Ahern grey highland cow head PS75, from her new range at Debenhams Tapestry wolf cushion PS10, George Home Tapestry bear cushion PS10, George Home
Decor's new frontier

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