Mandate

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Mandate

Allocation of funds to an investment manager to be managed for a specific purpose or style. Also refers to the formal appointment to advise on or arrange a project financing.

Mandate

1. See: Order.

2. The appointment of a person to make arrangements for the financing of a project.
References in periodicals archive ?
Bernstein, past president of the society, "Whether the cost of a particular mandate is acceptable depands on a comparative evaluation of the benefit mandated as against the benefit to be derived from alternative resource utilization.
The Sabo proposal includes no mandates and would not cut from the current spending cap set by law--rather it would define where some of the savings mandated under current laws would have to be made.
Moreover, a viable reimbursement program would be extraordinary difficult to design, given widely varying state and local financial systems and the difficulties of accurately measuring mandated costs.
Seboe is calling on the House of Representatives to invite APM Terminals and BIVAC to show reason(s) for their alleged refusal to accept Liberian Dollars for transaction purposes as mandated by the Committee on Banking and Currency since March 12, 2018.
Summers (1989) proposes a simple model of how mandated benefits should affect the labor market.
-- There are far more state mandated benefits in effect than previously reported, according to Health Benefits Letter, which announced its newly-released study.
Common mandates include the Every Student Succeeds Act (the new version of No Child Left Behind, which includes federally mandated state tests); a federally mandated wage paid to workers of a particular function, known as the prevailing wage (which stipulates that contractors on contracts for public works projects receive the same type of wages and benefits as laborers in the private sector would receive); and human resource mandates (including mandatory leave granted for the Family and Medical Leave Act, the Americans with Disabilities Act, workers' compensation, sick time, hourly rates, and so on).
Mandated benefits have been an attractive tool because they do not require collecting new taxes or shifting government revenues to provide a benefit that policymakers believe should be required--possibly for reasons of paternalism, because of externalities, or due to problems of adverse selection (Summers 1989).
Rhode Island and Virginia have the most mandated benefits (70 each) while Idaho has the least (13), according to the council, which says that state-mandated benefits can increase costs and make health insurance less affordable.
The key legal argument against the health care reform law is that the Commerce Clause is not broad enough to permit the mandated purchase of a service such as insurance.
If the mandated volumes are greater than the amount blenders would use otherwise, then the mandates are binding.
If the amount appropriated to fund a mandate does not fully cover the mandated activity, the school district or private school may discontinue or modify the mandated activity so that the costs of compliance do not exceed the funding received.