Stratus cloud classified as pannus clouds. Stratus only has one mutatus mother cloud. Stratus stratocumulomutatus clouds occur when stratocumulus opacus patches fuse to create a stratiform layer. Stratus clouds don't produce accessory clouds, but a supplementary feature praecipitatio is derived from Latin, which means "precipitation". Stratus clouds are too low to produce virga, or rain shears that evaporate before reaching the ground. A stratus cloud can form from stratocumulus spreading out under an inversion, indicating a continuation of prolonged cloudy weather with drizzle for several hours and then an improvement as it breaks into stratocumulus. Stratus clouds can persist for days in
Off-balance-sheet Off-balance-sheet Off-balance sheet (OBS), or Incognito Leverage, usually means an asset or debt or financing activity not on the company's balance sheet. Total return swaps are an example of an off-balance sheet item. Some companies may have significant amounts of off-balance sheet assets and liabilities. For example, financial institutions often offer asset management or brokerage services to their clients. The assets managed or brokered as part of these offered services (often securities) usually belong to the individual clients directly or in trust, although the company provides management, depository or other services to the client. The company itself has no direct