Phylum: Arthropoda. Class: Arachnida. Order: Araneae. Family: Theraphosidae. Genus: Brachypelma. Species: B. vagans. Domain: The Redrump Tarantula belongs to the domain Eukarya because it obtains a true nucleus, and membrane bound organelles. These same traits can be seen in many organisms we know even wasabi! Learn more about wasabi.
In simple words, collateral is an asset which borrower pledge to the lender as a security against the loan. In case borrower failed to pay back the loan amount to the lender, lender can sell the asset to recover his loan amount hence reduces the risk of lender.
Should there is unexpected events occurred that require the reporting entity to change its accounting policy, and then comparability would prevail. 3.3 Definition of asset and the concept of âsubstance over formâ. A major difference between conventional accounting and Islamic accounting lies in the definition of assets.AAOIFI defines asset as that which the enterprise has acquired rights to hold, use or dispose and does not recognise asset based on ability to control through other than legal ownership.hould there is unexpected events occurred that require the reporting entity to change its accounting policy, and then comparability would prevail. 3.3 Definition of asset and the concept of âsubstance over formâ. A major difference between conventional accounting and Islamic accounting lies in the definition of assets.