Impound fund definition
Witryna30 kwi 2024 · A sinking fund is an account containing money set aside to pay off a debt or bond. Sinking funds may help pay off the debt at maturity or assist in buying back … Witryna10 kwi 2024 · impound in American English (ɪmˈpaʊnd ) verb transitive 1. to shut up (an animal) in a pound 2. to take and hold (a document, funds, a vehicle, etc.) in legal custody 3. to gather and enclose (water) for irrigation, etc. Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights …
Impound fund definition
Did you know?
Impoundment is, more generally, the act of detaining something such as animals or personal property due to a legal dispute. In roughly this sense, the President detains funds in the treasury rather than spending them as appropriated. The first use of the power by President Thomas Jefferson involved refusal to spend $50,000 ($1.12 million in 2024) in funds appropriated for the acquisition of gunboats for the United States Navy. He said in 1803 that "[t]he sum of fifty thousa… Witryna19 lut 2024 · What Is An Impound Account? An impound account holds your funds to pay for real estate expenses outside of a mortgage, such as property taxes and …
WitrynaIn the Impound Funding dialog, select the appropriate withdrawal checkbook from the drop-down list. Note: The withdrawal checkbook is the checkbook to be debited for fund transactions while the impound checkbook is credited. 3. Choose Setup / Direct Deposit. 4. Enter the appropriate direct deposit information to be used for the funding ACH WitrynaA quick definition of impound: Impound: When the police or court take someone's things, like a car or a building, because of a crime. Sometimes the owner can get their things back, but other times the things are given to the government. Impound can also mean taking money from someone who owes a debt and putting it in a special …
WitrynaAn action taken by the president in which he or she proposes not to spend all or part of a sum of money appropriated by Congress. WitrynaCapital Impound Reserves means any capital replacement reserves required by any Facility Mortgagee or by Landlord. Landlord shall initially fund the Capital Impound Reserves and any increases thereto required by any Facility Mortgagee or …
Witryna19 sty 2024 · Reserve Fund: A reserve fund is a savings account or other highly liquid asset set aside by an individual or business for meeting the future costs of upkeep and any unexpected costs that may arise ...
Witryna1 : the act of impounding : the state of being impounded 2 : a body of water formed by impounding Synonyms captivity confinement immurement imprisonment … crypto trading strategy billionaireWitrynaImpound definition: To confine in or as if in a pound. By damming the stream, the engineers impounded its waters for irrigation. crypto trading strategies investopediaWitrynaMeaning of impound in English. impound. verb [ T ] us / ɪmˈpaʊnd / uk / ɪmˈpaʊnd /. If the police impound something that belongs to you, they take it away because you … crypto trading stylescrypto trading strategienWitrynaIMPOUND FUNDS is defined in Section 11.8. Sample 1 Based on 1 documents Related to IMPOUND FUNDS Reserve Fund Initial Deposit means the initial deposit of cash … crypto trading subredditWitrynaESCROW/IMPOUND FUNDS. Required Reserve Fund Deposit. Disbursement Account has the meaning ascribed to it in Section 1.1 (e). Escrowed Payment. Earnest Money Deposit (EMD) means Bid Security/ monetary or financial guarantee to be furnished by a tenderer along with its tender. Escrowed Property has the meaning set forth in the … crypto trading streamWitrynaImpoundment 3. (1). was defended by Administration spokesmen as being a power derived from the President’s executive powers and particularly from his obligation to … crypto trading stress