A temporary resident must apply to extend their period of authorized stay before it ends. If they have done so, their period of authorized stay as a temporary resident is extended by law until a decision is made [R183(5)]. Such a person is considered to have implied status as a temporary resident during that period.
DEFINITION of 'Times Interest Earned-TIE'. A metric used to measure a company's ability to meet its debt obligations. It is calculated by taking a company's earnings before interest and taxes (EBIT) and dividing it by the total interest payable on bonds and other contractual debt.
Interest is the cost of using somebody elseâs money. When you borrow money, you pay interest. When you lend money, you earn interest. Interest is calculated as a percentage of a loan (or deposit) balance, paid to the lender periodically for the privilege of using their money. A question might help you get a handle on how interest works: what does it take to borrow money? The answer: more money.