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Topic: Future interest


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In the News (Thu 8 Jan 09)

  
 IM 2000-015, Errors or Omissions in Future Interest Noncompetitive Oil and Gas Lease Applications   (Site not responding. Last check: 2007-10-13)
A future interest lease application, however, is not the document that becomes the lease, and, if there are minor errors or omissions in the legal description on the application, no "cure" or "correction" is necessary on the form which becomes the lease.
Though the future interest oil and gas regulations were modified in subsequent years, the requirements established in the 1954 regulations concerning evidence of present operating rights were carried forward in much the same form until enactment of the Reform Act.
A future interest lease offeror's intent thus can be discerned despite minor errors or omissions in the legal description on the application, if the additional documentation he is required to submit as part of the offer contains an accurate legal description that is not significantly different from the description on the application.
www.blm.gov /nhp/efoia/wo/fy00/im2000-015.html   (3089 words)

  
 Future Interests
Future interests are forms of property in land that may or may not evolve into estates in land at some point in the future.
Whether this future interest at common law will evolve into an estate in land is dependant on two factors, the facts and the legal rules that apply to the facts.
This yet unnamed potential future child would still have to reach the age of 21 before the death of A or the contingent remainder held by that child would be destroyed.
instruct.uwo.ca /law/425-002/LAND/FutureInterests.htm   (4229 words)

  
 What is an interest rate swap? interest rate swaps   (Site not responding. Last check: 2007-10-13)
These securities pay interest on a periodic basis, they are issued with a wide range of maturities, principal is repaid only at maturity and at any given point in time the market values these securities to yield whatever rate of interest is necessary to make the securities trade at their par value.
The forward interest rate will leave the investor indifferent as to whether he invests for six months and then re-invests for a further six months at the six month forward interest rate or whether he invests for a twelve month period at today's twelve month deposit rate.
Future floating rates of interest can be calculated, therefore, using the forward yield curve but this in itself is not sufficient to let us calculate the fixed rate payments due under the swap.
home.earthlink.net /~green/whatisan.htm   (3214 words)

  
 Prejudgment Interest Reform
Interest on all damages except future damages accrue from the date action is commenced.
Interest on future damages begin to accrue on the date of the entry of judgment.
Governs interest allowable on foreign-money claims and sets forth that it shall be the same rate as that applicable to judgments rendered in the state.
www.namic.org /reports/tortReform/PrejudgmentInterest.asp   (1052 words)

  
 Interest Rate Risk
Interest rate risk is risk to the earnings or market value of a portfolio due to uncertain future interest rates.
A pay-fixed interest rate swap might be considered a combination of a floating rate asset with a fixed rate liability.
Options risk, as a component of interest rate risk, is risk due to fixed income options—options that have fixed income instruments or interest rates as underliers.
www.riskglossary.com /articles/interest_rate_risk.htm   (2023 words)

  
 Future Generations: They Are Our Conscience
Rather, my interest in future-oriented public philosophy and behavior is in establishing institutions and processes which are specifically intended to determine policies that have the goal of benefiting future generations while either similarly benefiting present generations, or even deferring the benefits of the present in favor of the future.
Future generations can offer no such consent, so ways need to be invented and created which attempt to include the interests, and consent, of future generations in all current decisions which will impact them.
By cutting off many futures, the ability of future societies to grow and mature is reduced [8] as is the freedom for people to "reason about means and ends and evaluate preferences, to match desires and beliefs and then act" [9].
www.futures.hawaii.edu /dator/governance/futgen.html   (4747 words)

  
 [No title]
The interest earned on the investment each year is left in the account so that future interest growth will be applied to interest from prior years.
Compound interest is of most importance to investors who are able to leave their investment to grow over long periods of time.
The sensitivity of the future value of an investment to small changes in interest rates may not be obvious to beginning investors.
www.garybeene.com /retire/ret-comp.htm   (715 words)

  
 Estates/Future Interest Problems
Bryan is ascertainable and her interest is not subject to any condition precedent, and the law does not imply Bryan’s survival as a condition precedent.
Key’s interest is vested as Key is identifiable and her interest is not subject to an express condition precedent; grammatically, the interest is vested in her subject to divestment by a condition subsequent (Pushaw having another child).
The person whose death will cause the interest of Pushaw's children to vest is the last surviving child of Fisch — and because Fisch is alive, this person could be someone born after the conveyance took effect (and thus not a "life in being").
www.law.missouri.edu /freyermuth/property/estatesproblems.htm   (3840 words)

  
 Family Trust; Fiduciary; Future Interest
The term "future interest" means an interest in the principal and/or income of a trust that a beneficiary is not entitled to use and enjoy immediately.
A future interest may be vested or contingent, depending upon the terms of the trust governing instrument.
If there are contingencies that have to be satisfied before a future interest becomes vested, then the future interest is said to be contingent.
www.livingtrustnetwork.com /content/glossary/f_new.php   (316 words)

  
 Future Value of a Dollar
Future values are calculated using compound rates of return (equivalent to compound interest rate returns).
A FVIF is the interest rate factor that is used to take a dollar value stated at the present time and restate that value as a future value.
It reflects both the applicable interest rate (or rate of return) per period and the number of periods the compound return is being earned.
www.uwf.edu /rconstand/5994content2003/T2-TimeValue/T2-TimeValueP04.htm   (387 words)

  
 Future Value
Given a present sum of money and a desired future value, one can determine either the interest rate required to attain the future value given the time span, or the time required to reach the future value at a given interest rate.
Interest rate table - by using a table such as the one at the end of this page, one quickly can find a value of interest rate or time that is close to the solution.
Beginning with the future value equation and given a fixed time period, one can solve for the required interest rate as follows.
www.netmba.com /finance/time-value/future   (370 words)

  
 Future Tax Cuts and the Economy in the Short Run, 1/28/02
An alternative (but fundamentally equivalent) way of grasping the relationship between the tax cut and interest rates starts with the fact that the amount of debt the government is projected to pay down in the future will be smaller (and the national debt will consequently be larger) as a result of the tax cut.
That drives up future interest rates, and since financial markets determine long-term interest rates today largely on the basis of what they expect shorter-term interest rates in the future to be, the expected increase in shorter-term interest rates in the future drives up long-term interest rates immediately.
The CED report also notes that strong economic growth in future years will require significant budget surpluses and that reconsideration of parts of the tax cut not yet in effect may be necessary to secure these surpluses.
www.cbpp.org /1-28-02tax.htm   (4289 words)

  
 The Hindu Business Line : Why no future for interest rate futures
This means that the sensitivity of the futures contract to interest rate changes is higher than that of the underlying portfolio.
This occurs primarily due to the difference in maturity of the notional instrument underlying futures contract, and the maturity of the portfolio that is being hedged.
That will provide hedgers more opportunities to horizon-match their portfolio with that of the futures contract, thus, lowering the basis risk; note that the basis risk may not be zero even then because a perfect hedge is rarely possible.
www.blonnet.com /2003/10/13/stories/2003101300080900.htm   (742 words)

  
 Utah Code Section 75-2-707
(a) "Alternative future interest" means an expressly created future interest that can take effect in possession or enjoyment instead of another future interest on the happening of one or more events, including survival of an event or failure to survive an event, whether an event is expressed in condition-precedent, condition-subsequent, or any other form.
A residuary clause in a will does not create an alternative future interest with respect to a future interest created in a nonresiduary devise in the will, whether or not the will specifically provides that lapsed or failed devises are to pass under the residuary clause.
(2) A future interest under the terms of a trust is contingent on the beneficiary's surviving the distribution date.
www.le.state.ut.us /~code/TITLE75/htm/75_02069.htm   (671 words)

  
 Finance Online -- South-Western College Finance Resource Center – The best in higher-education text books, ...
That same $100 at an annually applied interest for 2 years will be $105 at the end of the first year as shown, and an additional 5% the second year or $105 multiplied by 1.05 for a total sum of $110.25.
Notice that if we applied simple interest of 5% for each year the sum would have been $5 for year one and an additional $5 for the second year for a total of $110 or $.25 less that the annually compounded sum.
Notice we divided the interest by 2 and multiplied the periods by 2 to accommodate the semi-annual compounding, which resulted in an additional 13 cents in total sum at the end of 2 years.
www.swlearning.com /economics/wyatt/unit_3/topic_2.html   (543 words)

  
 Future Electronics | Corporate
Future Electronics and its group of companies, is committed to Employment Equity.
We thank you for your interest in Future Electronics, however only those candidates that best suit our position requirements will be contacted.
In the situation of candidate(s) submitted or presented to Future Electronics by a recruitment/placement agency and/or firm, without a signed agreement, Future Electronics explicitly reserves the right to pursue and hire those candidate(s) without any financial obligation to the recruitment/ placement agency and/or firm.
www.futureelectronics.com /Careers.asp   (161 words)

  
 Future Values
In this simple example, the future value of your deposit at the end of one year is equal to the present value plus the interest.
The interest is, of course, equal to the present value times the rate of interest, expressed as a percentage.
This says that the future value of an amount of money in the present may be found by multiplying the amount of money by the future value interest factor equal to 1 plus the rate of interest (in decimal format) raised to the power n.
www.busadm.mu.edu /mandell/fv.html   (744 words)

  
 Future interest - Wikipedia, the free encyclopedia
In property law and real estate, a future interest is a legal right to property ownership that does not include the right to present possession or enjoyment of the property.
Analysis (B): B has an executory interest, because his interest does not vest until he reaches 25, a condition that is unrelated to the expiration of A's interest.
If not, the interest is springing, because when B reaches 25 possession of Blackacre will "spring" from the grantor O, who will have taken possession when A died.
en.wikipedia.org /wiki/Future_interest   (1952 words)

  
 Future Interest Haiku
The law of future interests lends itself to an arid logic.
The court held that an executory interest limiting a trust was not invalid as a perpetuity when it would vest within a life in being.
The litigation arose when the eldest son died, and the second son attempted to deprive the third son of a barony that was part of late Earl's plan.
tarlton.law.utexas.edu /lpop/etext/sirico/future.html   (346 words)

  
 FASB: Cash Flow Hedges: Hedging Voluntary Increases in Interest Credited on an Insurance Contract Liability
The hedged forecasted transactions for each interest crediting date could include both the future interest credited on older contracts whose contractual rate has been voluntarily increased and the future interest credited on new contracts with the current higher interest rate issued to new policyholders (which will have replaced older contracts that have been surrendered).
In defining the forecasted transactions, the insurance company must ensure that the hedged interest relates to a volume of contracts whose existence at the future interest crediting dates is probable.
In designating the hedged risk, the insurance company must decide whether it is hedging the total variability in those future interest payments or just the variability in the future interest attributable to changes in the designated benchmark interest rate.
www.fasb.org /derivatives/issueg4.shtml   (501 words)

  
 Trying To Predict Interest Rates
In the United States, the Treasury yield curve (or term structure) is the first mover of all domestic interest rates and an influential factor in setting global rates.
Interest rates on all other domestic bond categories rise and fall with Treasuries, which are the debt securities issued by the U.S. government.
Inflation will erode the value of future coupon dollars and principal repayments; the real interest rate is the return after deducting inflation.
www.investopedia.com /articles/03/122203.asp   (1919 words)

  
 mortgage interest rate report and predictions   (Site not responding. Last check: 2007-10-13)
Mortgage Interest rates fell slightly during the month of November, falling approximately one-eighth of a percent.
Expectations of economic performance in the future and how that performance will impact inflation is what drives interest rates up and down.
As usual, it is difficult to predict future economic performance because things are much more complex than they used to be.
www.realestateabc.com /rates2.htm   (335 words)

  
 Future Value Calculator: Comparing a Negative Amortization ARM with a FRM
This is the maximum amount that the interest rate can change on the first rate adjustment.
It may be overridden at the end of a payment recast period, or in the event that the negative amortization cap is breached.
At the end of each recast period, the payment of principal and interest will be recalculated to be fully-amortizing over the remaining term.
www.decisionaide.com /MPCalculators/FV_NegARMvsFRM/FV_NegARMvsFRM.asp   (811 words)

  
 Advanced Bond Concepts: Term Structure of Interest Rates
The term structure of interest rates is graphed as though each coupon payment of a noncallable fixed-income security were a zero-coupon bond that “matures” on the coupon payment date.
Remember that the term structure of interest rates is a gauge of the direction of interest rates and the general state of the economy.
Now that you have a better understanding of the relationship between interest rates, bond prices and yields, we are ready to examine the degree to which bond prices change with respect to a change in interest rates.
www.investopedia.com /university/advancedbond/advancedbond4.asp   (1527 words)

  
 Forecasting Interest Rates   (Site not responding. Last check: 2007-10-13)
When all forecasters unanimously agree on a consensus for future interest rates, they are typically all wrong as rates will inevitably move in exactly the opposite direction.
The most basic is to use economics and history as a guide and to make a judgement about what an appropriate level of interest rates and their future course given the state of the economy and important economic variables.
Interest rates reflect human behaviour which is highly complex.
www.finpipe.com /intratgo.htm   (310 words)

  
 Future US
Future US is a leading publisher of special-interest magazines and websites and one of the fastest-growing media companies in the US.
Future's trademark "Tell It Like It Is" editorial has created a cult-like loyalty among readers and highly effective ad environments for its advertisers.
Future US is a subsidiary of Future plc (LSE:FUTR), the UK's sixth largest publisher.
www.futurenetworkusa.com /aboutus/index.php   (257 words)

  
 Interest rate futures (Prices and rates) | Business solutions from AllBusiness.com
Forward short-time interest rate futures for December have spiked again, an annual occurrence reflected in the 30-day interest rate (or "Fed funds") contract at the...
While economists have struggled for years poring over outputs from complex econometric models in their often vain attempts to forecast future interest rate actions by...
Trading interest rate inefficiencies: the stability and predictability of eurodollar futures calendar spreads makes them attractive for interest rate trading strategies.
www.allbusiness.com /interest-rate-futures/3111793-1.html   (837 words)

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