| Industries |
|---|
| Capital Goods |
| Investment Banking and Brokerage |
| Technology Hardware Storage and Peripherals |
| Information Technology |
| Technology Hardware and Equipment |
| Exposures |
|---|
| Provide |
| Regime |
| Military |
| Leadership |
| Cooperate |
| Express intent |
| Political reform |
| Event Codes |
|---|
| Accident |
| Demand |
| Host meeting |
| Yield |
| Yield to order |
| Solicit support |
| Acknowledge responsibility |
| Reject |
| Grant |
| Sports contest |
| Agree |
| Reward |
| Travel to meet |
| Military blockade |
| Adjust |
| Wiki | Wiki Summary |
|---|---|
| Great Recession | The Great Recession was a period of marked general decline (recession) observed in national economies globally that occurred between 2007 and 2009. The scale and timing of the recession varied from country to country (see map). |
| Second-language acquisition | Second-language acquisition (SLA), sometimes called second-language learning — otherwise referred to as L2 (language 2) acquisition, is the process by which people learn a second language. Second-language acquisition is also the scientific discipline devoted to studying that process. |
| The Difficult Couple | The Difficult Couple (Chinese: 难夫难妻; pinyin: Nànfū Nànqī), also translated as Die for Marriage, is a 1913 Chinese film. It is known for being the earliest Chinese feature film. |
| Difficult Loves | Difficult Loves (Italian: Gli amori difficili) is a 1970 short story collection by Italo Calvino. It concerns love and the difficulty of communication. |
| Debt | Death is the irreversible cessation of all biological functions that sustain an organism. Brain death is sometimes used as a legal definition of death. |
| Capital market | A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments. |
| RBC Capital Markets | RBC Capital Markets is a global investment bank providing services in banking, finance and capital markets to corporations, institutional investors, asset managers and governments globally. Locations span 58 offices in 14 countries across North America, the UK, Europe and the Asia-Pacific region. |
| BMO Capital Markets | BMO Capital Markets is the investment banking subsidiary of Canadian Bank of Montreal. The company offers corporate, institutional and government clients access to a range of financial services. |
| Interest rate | An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed. |
| Reduced affect display | Reduced affect display, sometimes referred to as emotional blunting or emotional numbing, is a condition of reduced emotional reactivity in an individual. It manifests as a failure to express feelings (affect display) either verbally or nonverbally, especially when talking about issues that would normally be expected to engage the emotions. |
| Lease | A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (the lessor) for use of an asset. Property, buildings and vehicles are common assets that are leased. |
| Assignment (law) | An assignment is a legal term used in the context of the law of contract and of property. In both instances, assignment is the process whereby a person, the assignor, transfers rights or benefits to another, the assignee. |
| Equipment operator | Equipment operator (abbreviated as EO) is a United States Navy occupational rating.\nEquipment operators perform tasks involving deployment and operation of automotive, materials handling, weight lifting and construction equipment; direct and coordinate efforts of individuals and crews in execution of construction, earth‑moving, roadbuilding, quarrying, asphalt batching and paving, concrete batch plant operations, concrete paving and transit mixer operation assignments; maintain records and reports on mobile and stationary equipment and organize and supervise automotive and construction equipment pools; maintain individual combat readiness and perform tasks required in combat and disaster preparedness or recovery operations.At the master chief petty officer level, they merge with all other construction ratings as a master chief seabee (abbreviated as CBCM). |
| List of equipment of the Ukrainian Ground Forces | The list of equipment of the Ukrainian Ground Forces can be subdivided into: infantry weapons, vehicles, aircraft, watercraft, and clothing.\n\n\n== Infantry weapons ==\n\n\n=== Combat knives and bayonets ===\n\n\n=== Handguns ===\n\n\n==== Revolvers ====\n\n\n==== Pistols ====\n\n\n=== Shotguns ===\n\n\n=== Rifles ===\n\n\n==== Bolt-action rifles ====\n\n\n==== Semi-automatic rifles ====\n\n\n==== Assault rifles ====\n\n\n==== Battle rifles ====\n\n\n==== Sniper rifles ====\n\n\n=== Submachine guns ===\n\n\n=== Machine guns ===\n\n\n=== Flare guns and military flares ===\n\n\n=== Grenades ===\n\n\n==== Smoke grenades ====\n\n\n==== Hand grenades ====\n\n\n==== Anti-tank grenades ====\n\n\n==== Launcher grenades ====\n\n\n=== Grenade launchers ===\n\n\n=== Anti-materiel and anti-tank weapons ===\n\n\n==== Anti-materiel rifles ====\n\n\n==== Anti-tank rifles ====\n\n\n==== Recoilless rifles ====\n\n\n==== Anti-fortification ====\n\n\n==== Rocket-propelled grenades ====\n\n\n==== Anti-tank guided missiles ====\n\n\n=== Flamethrowers ===\n\n\n=== Man-portable air-defense systems ===\n\n\n=== Mortars ===\n\n\n==== Light mortars ====\n\n\n==== Heavy mortars ====\n\n\n=== Land mines ===\n\n\n==== Anti-personnel mines ====\n\n\n==== Anti-tank mines ====\n\n\n== Combat vehicles ==\n\n\n=== Tanks ===\n\n\n==== Main battle tanks ====\n\n\n==== Light tanks ====\n\n\n=== Tank destroyers ===\n\n\n==== Wheeled tank destroyers ====\n\n\n=== Tracked infantry fighting vehicles ===\n\n\n=== Armoured personnel carriers ===\n\n\n==== Tracked armoured personnel carriers ====\n\n\n==== Wheeled armoured personnel carriers ====\n\n\n=== Infantry mobility vehicles ===\n\n\n=== Electric off-road motorbikes ===\n\n\n== Field artillery ==\n\n\n=== Towed mortars and anti-tank guns ===\n\n\n=== Self-propelled mortars ===\n\n\n=== Towed artillery ===\n\n\n=== Self-propelled artillery ===\n\n\n=== Rocket artillery ===\n\n\n== Tactical missiles ==\n\n\n== Air defense systems ==\nLong and medium air defense is under the authority of the Air Defense Forces of the Ukrainian Air Force. |
| Consolidated PBY Catalina | The Consolidated PBY Catalina is a flying boat and amphibious aircraft that was produced in the 1930s and 1940s. In Canadian service it was known as the Canso. |
| Consolidated financial statement | Consolidated financial statements are the "financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", according to International Accounting Standard 27 "Consolidated and separate financial statements", and International Financial Reporting Standard 10 "Consolidated financial statements".\n\n\n== Consolidated statement of financial position ==\nWhile preparing a consolidated financial statement, there are two basic procedures that need to be followed: first, cancel out all the items that are accounted as an asset in one company and a liability in another, and then add together all uncancelled items. |
| Naval Air Station Joint Reserve Base Fort Worth | Naval Air Station Fort Worth Joint Reserve Base (or NAS Fort Worth JRB) (IATA: FWH, ICAO: KNFW, FAA LID: NFW) includes Carswell Field, a military airbase located 5 nautical miles (9 km; 6 mi) west of the central business district of Fort Worth, in Tarrant County, Texas, United States. This military airfield is operated by the United States Navy Reserve. |
| Kotak Mahindra Bank | Kotak Mahindra Bank Limited is an Indian banking and financial services company based out of Mumbai, India.\nIt offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. |
| Periyar National Park | Periyar National Park and Wildlife Sanctuary (PNP) is a protected area located in the districts of Idukki and Pathanamthitta in Kerala, India. It is notable as an elephant reserve and a tiger reserve. |
| Mergers and acquisitions | In corporate finance, mergers and acquisitions (M&A) are transactions in which the ownership of companies, other business organizations, or their operating units are transferred or consolidated with other entities. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. |
| Operation Mincemeat | Operation Mincemeat was a successful British deception operation of the Second World War to disguise the 1943 Allied invasion of Sicily. Two members of British intelligence obtained the body of Glyndwr Michael, a tramp who died from eating rat poison, dressed him as an officer of the Royal Marines and placed personal items on him identifying him as the fictitious Captain (Acting Major) William Martin. |
| Regulation | Regulation is the management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context. |
| Regulation A | In the United States under the Securities Act of 1933, any offer to sell securities must either be registered with the United States Securities and Exchange Commission (SEC) or meet certain qualifications to exempt it from such registration. Regulation A (or Reg A) contains rules providing exemptions from the registration requirements, allowing some companies to use equity crowdfunding to offer and sell their securities without having to register the securities with the SEC. Regulation A offerings are intended to make access to capital possible for small and medium-sized companies that could not otherwise bear the costs of a normal SEC registration and to allow nonaccredited investors to participate in the offering. |
| Visa requirements for United States citizens | As of 25 February 2022, Holders of a United States passport could travel to 186 countries and territories without a travel visa, or with a visa on arrival. The United States passport currently ranks 6th in terms of travel freedom (tied with the passports of Czech Republic, Greece, Malta, Norway, and the UK) according to the Henley Passport Index. |
| Concurrent jurisdiction | Concurrent jurisdiction exists where two or more courts from different systems simultaneously have jurisdiction over a specific case. This situation leads to forum shopping, as parties will try to have their civil or criminal case heard in the court that they perceive will be most favorable to them. |
| Luhansk International Airport | Luhansk International Airport (Ukrainian: Міжнародний аеропорт "Луганськ") was an airport in Luhansk, Ukraine (IATA: VSG, ICAO: UKCW). The airport was located 20 km (12 miles) south of the city center, 9 km to the city limit. |
| List of female fitness and figure competitors | This is a list of female fitness and figure competitors.\n\n\n== A ==\nJelena Abbou\n\n\n== B ==\nLauren Beckham\nAlexandra Béres\nSharon Bruneau\n\n\n== C ==\nNatalie Montgomery-Carroll\nJen Cassetty\nKim Chizevsky\nSusie Curry\n\n\n== D ==\nDebbie Dobbins\nNicole Duncan\n\n\n== E ==\nJamie Eason\nAlexis Ellis\n\n\n== F ==\nAmy Fadhli\nJaime Franklin\n\n\n== G ==\nAdela García \nConnie Garner\nElaine Goodlad\nTracey Greenwood\nOksana Grishina\n\n\n== H ==\nMallory Haldeman\nVanda Hădărean\nJen Hendershott\nSoleivi Hernandez\nApril Hunter\n\n\n== I ==\n\n\n== J ==\nTsianina Joelson\n\n\n== K ==\nAdria Montgomery-Klein\nAshley Kaltwasser\n\n\n== L ==\nLauren Lillo\nMary Elizabeth Lado\nTammie Leady\nJennifer Nicole Lee\nAmber Littlejohn\nJulie Lohre\nJenny Lynn\n\n\n== M ==\nTimea Majorová\nLinda Maxwell\nDavana Medina\nJodi Leigh Miller\nChisato Mishima\n\n\n== N ==\nKim Nielsen\n\n\n== O ==\n\n\n== P ==\nVicky Pratt\nElena Panova\nChristine Pomponio-Pate\nCathy Priest\n\n\n== Q ==\n\n\n== R ==\nMaite Richert\nCharlene Rink\nKelly Ryan\n\n\n== S ==\nErin Stern\nCarol Semple-Marzetta\nKrisztina Sereny\nTrish Stratus (Patricia Anne Stratigias)\n\n\n== T ==\nKristi Tauti\nJennifer Thomas\n\n\n== U ==\n\n\n== V ==\nLisa Marie Varon\n\n\n== W ==\nLatisha Wilder\nTorrie Wilson\nLyen Wong\nJenny Worth\nNicole Wilkins\n\n\n== Y ==\n\n\n== Z ==\nMarietta Žigalová\nMalika Zitouni\n\n\n== See also ==\nList of female bodybuilders\n\n\n== References ==\nThere has been a rise in the number of women wanting to compete as fitness models. |
| List of Dancing with the Stars (American TV series) competitors | Dancing with the Stars is an American reality television show in which celebrity contestants and professional dance partners compete to be the best dancers, as determined by the show's judges and public voting. The series first broadcast in 2005, and thirty complete seasons have aired on ABC. During each season, competitors are progressively eliminated on the basis of public voting and scores received from the judges until only a few contestants remain. |
| Round-robin tournament | A round-robin tournament (or all-play-all tournament) is a competition in which each contestant meets every other participant, usually in turn. A round-robin contrasts with an elimination tournament, in which participants are eliminated after a certain number of losses. |
| Business | Business is the activity of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit."Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. |
| Business Insider | Insider – previously named Business Insider (BI) – is an American financial and business news website founded in 2007. Since 2015, a majority stake in Business Insider's parent company Insider Inc. |
| Business Is Business | Business-to-business (B2B or, in some countries, BtoB) is a situation where one business makes a commercial transaction with another. This typically occurs when:\n\nA business is sourcing materials for their production process for output (e.g., a food manufacturer purchasing salt), i.e. |
| Business Proposal | Business Proposal (Korean: 사내 맞선; Hanja: 社內맞선; RR: Sanae Matseon; lit. The Office Blind Date) is a South Korean romantic comedy television series based on the webtoon of the same title written by HaeHwa and illustrated by Narak. |
| Testamentary disposition | A testamentary disposition is any gift of any property by a testator under the terms of a will. |
| Disposition effect | The disposition effect is an anomaly discovered in behavioral finance. It relates to the tendency of investors to sell assets that have increased in value, while keeping assets that have dropped in value.Hersh Shefrin and Meir Statman identified and named the effect in their 1985 paper, which found that people dislike losing significantly more than they enjoy winning. |
| Disposition index | Disposition index (DI) is the product of insulin sensitivity times the amount of insulin secreted in response to blood glucose levels. Insulin resistant individuals can maintain normal responses to blood glucose due to the fact that higher levels of insulin are secreted as long as the beta cells of the pancreas are able to increase their output of insulin to compensate for the insulin resistance. |
| Risk Factors |
|---|
| CIT GROUP INC ITEM 1A Risk Factors 10 ITEM 1A RISK FACTORS _________________________________________________________________ You should carefully consider the following discussion of risks, and the other information provided in this Annual Report on Form 10-K The risks described below are not the only ones facing us |
| Additional risks that are presently unknown to us or that we currently deem immaterial may also impact our business |
| WE MAY BE ADVERSELY AFFECTED BY A GENERAL DETERIORATION IN ECONOMIC CONDITIONS A general recession or downturn in the economy could make it difficult for us to originate new business, given the resultant reduced demand for consumer or commercial credit |
| In addition, a downturn in certain industries may result in a reduced demand for the products we finance in that industry |
| Credit quality may also be impacted during an economic slowdown or recession as borrowers may fail to meet their debt payment obligations |
| While we maintain a reserve for potential credit losses, this allowance could be insufficient depending upon the severity of the economic downturn |
| Adverse economic conditions may also result in declines in collateral values |
| OUR LIQUIDITY OR ABILITY TO RAISE CAPITAL MAY BE LIMITED We rely upon access to the capital markets to fund asset growth and to provide sources of liquidity |
| We actively manage and mitigate liquidity risk by: 1) maintaining diversified sources of funding; 2) maintaining committed alternate sources of funding; 3) maintaining a contingency funding plan to be implemented in the event of market disruption; and 4) issuing debt with maturity schedules designed to mitigate refinancing risk |
| Although we believe that we will maintain sufficient access to the capital markets, adverse changes in the economy, deterioration in our business performance or changes in our credit ratings could limit our access to these markets |
| WE MAY BE ADVERSELY AFFECTED BY SIGNIFICANT CHANGES IN INTEREST RATES Although we generally employ a matched funding approach to managing our interest rate risk, including matching the repricing characteristics of our assets with our liabilities, significant increases in market interest rates, or the perception that an increase may occur, could adversely affect both our ability to originate new finance receivables and our ability to grow |
| Conversely, a decrease in interest rates could result in accelerated prepayments of owned and managed finance receivables |
| WE MAY NOT BE ABLE TO REALIZE OUR ENTIRE INVESTMENT IN THE EQUIPMENT WE LEASE The realization of equipment values (residual values) at the end of the term of a lease is an important element in the leasing business |
| At the inception of each lease, we record a residual value for the leased equipment based on our estimate of the future value of the equipment at the expected disposition date |
| A decrease in the market value of leased equipment at a rate greater than the rate we projected, whether due to rapid technological or economic obsolescence, unusual wear and tear on, or use of, the equipment or other factors, would adversely affect the residual values of such equipment |
| Consequently, there can be no assurance that our estimated residual values for equipment will be realized |
| The degree of residual realization risk varies by transaction type |
| Capital leases bear the least risk because contractual payments cover approximately 90prca of the equipment’s cost at the inception of the lease |
| Operating leases have a higher degree of risk because a smaller percentage of the equipment’s value is covered by contractual cashflows at lease inception |
| We record periodic depreciation expense on operating lease equipment based upon estimates of the equipment’s useful life and the estimated future value of the equipment at the end of its useful life |
| Leveraged leases bear the highest level of risk as third parties have a priority claim on equipment cashflows |
| OUR RESERVE FOR CREDIT LOSSES MAY PROVE INADEQUATE Our business depends on the creditworthiness of our customers |
| We believe that our credit risk management systems are adequate to limit our credit losses to a manageable level |
| We attempt to mitigate credit risks through the use of a corporate credit risk management group, formal credit management processes implemented by each business unit and automated credit scoring capabilities for small ticket business |
| We maintain a consolidated reserve for credit losses on finance receivables that reflects management’s judgment of losses inherent in the portfolio |
| We periodically review our consolidated reserve for adequacy considering economic conditions and trends, collateral values and credit quality indicators, including past charge-off experience and levels of past due loans and non-performing assets |
| We cannot be certain that our consolidated reserve for credit losses will be adequate over time to cover credit losses in our portfolio because of unanticipated adverse changes in the economy or events adversely affecting specific customers, industries or markets |
| If the credit quality of our customer base materially decreases, or if our reserves for credit losses are not adequate, our business, financial condition and results of operations may suffer |
| 10 CIT GROUP INC 2005 ______________________________________________________________________ WE MAY BE ADVERSELY AFFECTED BY THE REGULATED ENVIRONMENT IN WHICH WE OPERATE Our domestic operations are subject, in certain instances, to supervision and regulation by state and federal authorities and may be subject to various laws and judicial and administrative decisions imposing various requirements and restrictions |
| Noncompliance with applicable statutes or regulations could result in the suspension or revocation of any license or registration at issue, as well as the imposition of civil fines and criminal penalties |
| The financial services industry is heavily regulated in many jurisdictions outside the United States |
| As a result, growing our international operations may be challenged by the varying requirements of these jurisdictions |
| Given the evolving nature of regulations in many of these jurisdictions, it may be difficult for us to meet these requirements even after we establish operations and receive regulatory approvals |
| Our inability to remain in compliance with regulatory requirements in a particular jurisdiction could have a material adverse effect on our operations in that market and on our reputation generally |
| WE COMPETE WITH A VARIETY OF FINANCING SOURCES FOR OUR CUSTOMERS Our markets are highly competitive and are characterized by competitive factors that vary based upon product and geographic region |
| Our competitors are varied and include captive and independent finance companies, commercial banks and thrift institutions, industrial banks, community banks, leasing companies, insurance companies, mortgage companies, manufacturers and vendors |
| Competition from both traditional competitors and new market entrants has intensified in recent years due to a strong economy, growing marketplace liquidity and increasing recognition of the attractiveness of the commercial finance markets |
| In addition, the rapid expansion of the securitization markets is dramatically reducing the difficulty in obtaining access to capital, which is the principal barrier to entry into these markets |
| We compete primarily on the basis of pricing, terms and structure |
| To the extent that our competitors compete aggressively on any combination of those factors, we could lose market share |
| Should we match competitors’ terms, it is possible that we could experience some margin compression and/or increased losses |
| OUR ACQUISITION OR DISPOSITION OF BUSINESSES OR ASSET PORTFOLIOS MAY ADVERSELY AFFECT OUR BUSINESS As part of our long-term business strategy, we may pursue acquisitions of other companies or asset portfolios as well as dispose of non-strategic businesses or asset portfolios |
| Future acquisitions may result in potentially dilutive issuances of equity securities and the incurrence of additional debt, which could have a material adverse effect on our business, financial condition and results of operations |
| Such acquisitions may involve numerous other risks, including: difficulties in integrating the operations, services, products and personnel of the acquired company; the diversion of management’s attention from other business concerns; entering markets in which we have little or no direct prior experience; and the potential loss of key employees of the acquired company |
| In addition, acquired businesses and asset portfolios may have credit-related risks arising from substantially different underwriting standards associated with those businesses or assets |
| In the event of future dispositions of our businesses or asset portfolios, there can be no assurance that we will receive adequate consideration for those businesses or assets at the time of their disposition or will be able to adequately replace the volume associated with the businesses or asset portfolios that we dispose of with higher-yielding businesses or asset portfolios having acceptable risk characteristics |
| As a result, our future disposition of businesses or asset portfolios could have a material adverse effect on our business, financial condition and results of operations |
| INVESTMENT IN AND REVENUES FROM OUR FOREIGN OPERATIONS ARE SUBJECT TO THE RISKS ASSOCIATED WITH TRANSACTIONS INVOLVING FOREIGN CURRENCIES While we do attempt to hedge our translation and transaction exposures, foreign currency exchange rate fluctuations can have a material adverse effect on the investment in international operations and the level of international revenues that we generate from international asset based financing and leasing |
| Reported results from our operations in foreign countries may fluctuate from period to period due to exchange rate movements in relation to the US dollar, particularly exchange rate movements in the Canadian dollar, which is our largest non-US exposure |
| In addition, an economic recession or downturn or increased competition in the international markets in which we operate could adversely affect us |
| OUR BUSINESS INITIATIVES HAVE POTENTIAL EXECUTION RISK Our ability to improve our levels of asset and revenue generation depends on our initiatives to align our businesses around customers and industry sectors, and to expand our sales and marketing platforms |
| These initiatives involve asset transfers, changes in management accountabilities, as well as the streamlining and realignment of related infrastructure, including information technology and personnel |
| Our failure to implement these initiatives successfully, or the failure of such initiatives to result in increased asset and revenue levels, could adversely affect our financial position and results of operations |