Debt backed or secured by collateral to reduce the risk associated with lending. An example would be a mortgage, your house is considered collateral towards the debt. If you default on repayment, the bank seizes your house, sells it and uses the proceeds to pay back the debt.
Permanent underclass is emerging in UK, businesses warn. The Leeds city centre Job Centre Plus offices on the day figures showed youth unemployment had passed the 1m mark. Britain risks creating an underclass of people who are permanently excluded from the prospect of employment, a report published on Thursday warns.
Free visa assessment. The Contributory Parent visa (subclass 173) is a temporary visa for parents who want to join their child(ren) in Australia. This visa forms the first stage of a two stage application process which may lead to permanent residence in Australia.he application charges for this visa stream are significantly higher than those of the traditional Parent visa, although costs can be spread over a number of years. The bulk of the fees are payable when lodging the permanent Contributory Parent visa (subclass 143).