define net tangible benefit
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- “Net tangible benefit” is defined as:A 5 percent reduction to the P&I of the mortgage payment plus theannual MIP, or Refinancing from an Adjustable Rate Mortgage (ARM) to a fixed ratemortgage. Note: Reducing the term of the mortgage, in and of itself, is not a nettangible benefit.
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What is a 'Tangible Asset' What is a 'Tangible Asset' A tangible asset is an asset that has a physical form. Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory. The opposite of a tangible asset is an intangible asset. Nonphysical assets, such as patents, trademarks, copyrights, goodwill and brand recognition, are all examples of intangible assets.
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- The net realizable value (NRV) of an asset is the money a seller expects to receive for the sale of an asset after deducting the costs of selling or disposing of the asset. Let's assume Company XYZ needs to get rid of a widget maker. It expects to sell the asset for $10,000.
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net tangible assets Net assets minus goodwill. “ You need to make sure you know where all of your net tangible assets are and how to get rid of them if you need to.
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tangible 1. capable of being touched or felt; having real substance: a tangible object. 2. capable of being clearly grasped by the mind; substantial rather than imaginary: tangible evidence. 3. (Law) having a physical existence; corporeal: tangible assets.
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- 1 About Us We deliver best-in-class customer service, proven technology and integration to DSPs and LOSs help you to finance and sell vehicles your way. 2  Dealers We provide the technology thousands of dealers and finance sources use every day to finance and sell vehicles.
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Definitions &Translations Wiktionary(0.00 / 0 votes)Rate this definition: 1  tangible(Noun) real or concrete results. 2  tangible(Adjective) touchable; able to be touched or felt; perceptible by the sense of touch; palpable. 3  tangible(Adjective) possible to be treated as fact; real or concrete.  tangible(Adjective) comprehensible by the mind; understandable.
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- This makes the net realizable value $4.20 (selling price of $5.00 less $0.80 of cost to complete and dispose). Net realizable value is a key component in determining market in the lower of cost or market rule.
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- Net operating profit after tax definition and usage. Net operating profit after tax (NOPAT) is the results of a business before the impact of any financing arrangements are included. This means that NOPAT does not include the tax shelter provided by the interest expense associated with debt.
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The Relationship Between Private Profitability and Net Social Benefit Net Social Benefit = Social Benefit for Direct Effects + Net Effect of Externalities. The Benefits and Costs of the Direct Effects of a Project. For simplicity assume the project produces only one output, milk, and uses only one input, labor. Let Pw/o denote the price of milk without the project and Pw the price with the project.
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TANGIBLE 2. capable of being treated as fact. 3. (of especially business assets) having physical substance and intrinsic monetary value. 4. capable of being perceived by the senses or the mind; especially capable of being handled or touched or felt. Familiarity information: TANGIBLE used as an adjective is uncommon.
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Purchasing Metrics: Tracking Cost Savings, Capital Reductions and Avoidances The formula is a soft savings function of TPB to reflect value creation relative to potential or anticipated negative impact to the future Income Statement or Balance Sheet. Total Procurement Benefits (TPB) = The total value created by Purchasing (the sum of cost savings, capital reduction, and avoidances).
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tangible tangible - perceptible by the senses especially the sense of touch; skin with a tangible roughness touchable concrete - capable of being perceived by the senses; not abstract or imaginary; concrete objects such as trees
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- A measure of the physical worth of a company minus any value derived from intangible assets such as copyrights, patents, and intellectual property. Tangible net worth is calculated by taking a firm's total tangible assets and subtracting the value of all liabilities and intangible assets.angible net worth is easier to measure than net worth because physical things are easier to value. On the other hand, tangible net worth may not be accurate, as it excludes the value of things such as patents, copyrights, and brand recognition.
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gross domestic product gross domestic product. 1. the total value of all goods and services produced domestically by a nation during a year. The monetary value of all of a nation's goods and services produced within a nation's borders and within a particular period of time, such as a year. It became the official measure of the U.S. economy in 1991.
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tangible Tangible is from Latin tangere to touch, and it simply means something that can be touched or felt, though it can be used in metaphorical senses: tangible assets have a value that can be precisely measured, and tangible grief can be clearly sensed by an onlooker. adj perceptible by the senses especially the sense of touch.
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- Hydrotropism is a plants growth response to water concentrations. The response can be positive (towards the water) or negative (away from the water).Roots, for instance, are positively hydrotropic.ydrotropism is a plants growth response to water concentrations. The response can be positive (towards the water) or negative (away from the water).
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- The following worksheet must be used in the determination of a borrower’s tangible net benefit as the benefit relates directly to the new loan extended. Additional information may be provided on supplemental sheets or on the reverse if the fields below are insufficient.
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Value network Two primary subcategories are included in intangible value: knowledge and benefits. Intangible knowledge exchanges include strategic information, planning knowledge, process knowledge, technical know-how, collaborative design and policy development; which support the product and service tangible value network.
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tangible equity A savings institution's core capital plus the amount of outstanding cumulative perpetual preferred stock minus all intangible assets not previously deducted that may be included in core capital. “ You should try to make sure that you have enough tangible equity to get the things that you need to own.
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What is a Net Tangible Benefit? If you are declined for a loan because there is no net tangible benefit, you do not have to give up. There are ways to get the loan approved. First and probably the easiest way is to wait for rates to get a little lower, depending on how close you are to the 5 percent rule or whatever rules the lender has put in place.
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Net present value Net present value. From Wikipedia, the free encyclopedia. In finance, the net present value (NPV) or net present worth (NPW) is a measurement of the profitability of an undertaking that is calculated by subtracting the present values (PV) of cash outflows (including initial cost) from the present values of cash inflows over a period of time.
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What is 'Net Premium' Net premium is the expected present value of a policy’s benefits minus the expected present value of future premiums. Net premium is the expected present value of a policy’s benefits minus the expected present value of future premiums.
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Net Operating Profit After Tax (NOPAT) What it is: Net operating profit after tax (NOPAT) is a measure of profit that excludes the costs and tax benefits of debt financing. Put another way, NOPAT is earnings before interest and taxes (EBIT) adjusted for the impact of taxes.hat it is: Net operating profit after tax (NOPAT) is a measure of profit that excludes the costs and tax benefits of debt financing. Put another way, NOPAT is earnings before interest and taxes (EBIT) adjusted for the impact of taxes.
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What is a Net Tangible Benefit? There are numerous ways to prove that a borrower has a net tangible benefit in a refinance. It is important to understand that the “net” part of the equation means that the benefits outweigh the costs; otherwise the transaction might not make sense. An example of a positive net tangible benefit would be a rate and term refinance that you think is going to benefit you because the rate is lower.
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Cambridge Histories Online Â© Cambridge University Press, 2008 What is Tangible Personal Property?  Tangible Personal Property (TPP) is everything other than real estate that has value by itself. Florida Statute defines TPP as “all goods, chattels, and other articles of value (but does not include. vehicular items) capable of manual possession and whose chief value is intrinsic to the article. itself.”.