Temporary Impairment definition
Examples of Temporary Impairment in a sentence
The realization of losses must be made in accordance with PRC’s Other Than Temporary Impairment (OTTI) policy.
The Memorandum of Understanding Regarding Water Transmission System Capacity Allocation During Periods of Temporary Impairment, dated March 1, 2001 shall terminate and this MOU shall become effective upon the signature of the parties hereto and shall remain in effect until September 30, 2008 unless terminated earlier by a vote of more than fifty percent (50%) of the total weighted voting power which must be cast by at least six of the parties to this MOU.
Such a review shall encompass, as applicable, the factors specified in Statement of Financial Accounting Standards No. 115, “Accounting for Certain Investments in Debt and Equity Securities” (SFAS 115), OCC Bulletin 2009-11, “Other-than- Temporary Impairment Accounting: OCC Advisory on Financial Accounting Standards Board Changes,” and other accounting guidance.
Other Than Temporary Impairment of Investment Securities Our policy regarding other than temporary impairment of investment securities requires continuous monitoring.
The policies shall also include the requirements set forth in OCC Bulletin 2009-11, “Other than Temporary Impairment Accounting: OCC Advisory on Financial Accounting Standards Board Changes.” Additionally, the policies shall incorporate Board-established limits on investment concentrations, including, but not limited to, geographic concentration limits for municipal securities, and include requirements for regular monitoring for compliance with Board-approved limits.