Examples of Residual Interests in a sentence
Residual interests in off-balance sheet Private Finance Initiative properties are included in tangible fixed assets as ‘assets under construction and payments on account’ where the PFI contract specifies the amount, or a nil value, at which the assets will be transferred to the Trust at the end of the contract.
Paragraph (a)(1) of this section lists the risk-weight categories.(2) Residual interests.
Transactions that, in substance, result in the retention of credit risk associated with a transferred re- sidual interest will be treated as if the resid- ual interest was retained by the bank and not transferred.(4) Residual interests and other recourse obli- gations.
Residual interests that do not have a quoted market price in an active market, and the fair value of which cannot be reliably are subsequently measured at cost less any impairment.
Residual interests generally do not include interests purchased from a third party.