| 词汇 | unfunded |
| 释义 | unfunded adjective uk /ˌʌnˈfʌndɪd/us FINANCE used to describe a financial arrangement that has been agreed but for which there is not enough money available: The unfunded liability for Social Security's old age and disability funds will be $3 trillion by 2070. Examples of unfundedunfunded Unfunded liabilities are eliminated under these parameter settings. That book is well-known for its ' ' three pillar ' ' model, entailing a mandatory unfunded pillar, a mandatory funded pillar, and a voluntary private pillar. Public benefits are sometimes criticized on grounds that they incur a large unfunded liability that future generations will have to meet. In addition to these private pension schemes, unfunded public-sector pension programmes that offer similar conditions are provided to state employees. In other words, the moral hazard cost associated with failing to insure only a standardized portfolio is equal to 15 % of the current unfunded liability. The bursaries were designed to assist researchers undertaking small, largely unfunded projects. His article shows the implications for government finance of introducing consistent accounting for unfunded public sector and private sector liabilities. In his model, unfunded pensions encourage education through an income effect. So unfunded liabilities are reduced by exactly 100 %, that is, the call option exactly pays for the put option. As both effects increase the time spent within family, the unfunded pension system will worsen voluntary unemployment. With unfunded mandates, expenditure autonomy becomes a non-issue, as the freedom to spend is eliminated de facto by a lack of funds. The bursaries were designed to help researchers undertaking small projects that were largely unfunded. Guaranteeing that this equity premium will, in fact, materialize constitutes a large unfunded liability. To determine the unfunded liability under the two methods, consider the status of the plans after two years of funding. The unfunded liability is usually paid off over a fixed number of years like a home mortgage. See all examples of unfunded These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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