Funding level and GRIF: Difference between pages

Revision as of 22:27, 9 October 2021

Trade finance - factoring.

General Rules for International Factoring.

Used when transacting two factor cross-border factoring, and adopted by all members of FCI.

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-''Pensions.''
+''Trade finance - factoring.''
-The relationship at a specified date (often the valuation date) between the value of the assets and the value of the liabilities of a defined benefit pension scheme, often expressed as a ratio (the ‘funding ratio’).
+General Rules for International Factoring.
-The funding level is frequently expressed as a percentage.
+Used when transacting two factor cross-border factoring, and adopted by all members of FCI.
-'''Example'''
+==See also==
+* [[Factoring]]
-When assets = 100
+* [[FCI]]
+* [[International factoring]]
-Liabilities = 90
+* [[Trade finance]]
-The funding level is:
-/ 100
-= 90%.
-(Not to be confused with the ''deficit'', which in this example is 100 - 90 = 10.)
-== See also ==
-* [[Deficit]]
-* [[Funding ratio]]
-* [[Scheme Specific Funding]]
-* [[Statement of funding principles]]
-* [[Statutory funding objective]]