Financial Stability Oversight Council and Principal: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(New term added - 20/5/13)
 
imported>Doug Williamson
(Link with Endowment page.)
 
Line 1: Line 1:
''US.''
#In agency law, an individual or other legal person represented by an agent.
(FSOC). The Financial Stability Oversight Council was established by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) for three main purposes:
#In law, a legal person acting on their own behalf.  
#The amount of an investment or a loan, excluding any interest. When the whole of a loan is drawn down at the start, the principal is simply the amount originally borrowed.
#The reference amount of a traded financial instrument, used to determine its future cashflows.
#Most important, or largest.




1. To identify risks to the financial stability of the United States that could arise from the financial distress or failure, or ongoing activities, of large, interconnected bank holding companies or non-bank financial companies, or that could arise outside the financial services marketplace.  
The concepts of 'principal' above, should not be confused with ''principle'', which is different.


2. To promote market discipline, by eliminating expectations on the part of shareholders, creditors, and counterparties of such companies that the US government will shield them from losses in the event of failure.
3. To respond to emerging threats to the stability of the US financial system.


== See also ==
== See also ==
* [[Dodd-Frank]]
* [[Acceleration]]
* [[Agency]]
* [[Agent]]
* [[Arm’s length principle]]
* [[Coupon rate]]
* [[Dual currency bond]]
* [[Endowment]]
* [[Foreign currency bond]]
* [[Forward forward contract]]
* [[Interest]]
* [[Non-performing loan]]
* [[Paying agent]]
* [[Point]]
* [[Self-financing loan]]
* [[Separate personality principle]]
* [[Annuity factor]]
* [[Instalment]]

Revision as of 05:53, 22 August 2017

  1. In agency law, an individual or other legal person represented by an agent.
  2. In law, a legal person acting on their own behalf.
  3. The amount of an investment or a loan, excluding any interest. When the whole of a loan is drawn down at the start, the principal is simply the amount originally borrowed.
  4. The reference amount of a traded financial instrument, used to determine its future cashflows.
  5. Most important, or largest.


The concepts of 'principal' above, should not be confused with principle, which is different.


See also