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Wiki Wiki Summary
Pratītyasamutpāda Pratītyasamutpāda (Sanskrit: प्रतीत्यसमुत्पाद, Pāli: paṭiccasamuppāda), commonly translated as dependent origination, or dependent arising, is a key doctrine in Buddhism shared by all schools of Buddhism. It states that all dharmas (phenomena) arise in dependence upon other dharmas: "if this exists, that exists; if this ceases to exist, that also ceases to exist".
Compound interest Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest. It is the result of reinvesting interest, or adding it to the loaned capital rather than paying it out, or requiring payment from borrower, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.
Interest In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party.
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.
Mortgage loan A mortgage loan or simply mortgage (), in civil law jurisdicions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination.
Investment Investment is the dedication of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.
Foreign direct investment A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control.
Ariel Investments Ariel Investments is an investment company located in Chicago, Illinois. It specializes in small and mid-capitalized stocks based in the United States.
Fisher Investments Fisher Investments is an independent money management firm headquartered in Camas, Washington.\n\n\n== History ==\nKen Fisher founded the firm in 1979, incorporated in 1986, then served as CEO until July 2016, when he was succeeded by long-time Fisher Investments employee Damian Ornani.
Alternative investment An alternative investment (also called an alternative asset) is an investment in any asset class excluding stocks, bonds, and cash. The term is a relatively loose one and includes tangible assets such as precious metals, collectibles (art, wine, antiques, cars, coins, musical instruments, or stamps) and some financial assets such as real estate, commodities, private equity, distressed securities, hedge funds, exchange funds, carbon credits, venture capital, film production, financial derivatives, cryptocurrencies, non-fungible tokens, and tax receivable agreements.
Loanword A loanword (also loan word or loan-word) is a word permanently adopted from one language (the donor language) and incorporated into another language without translation. This is in contrast to cognates, which are words in two or more languages that are similar because they share an etymological origin, and calques, which involve translation.
External commercial borrowing External commercial borrowing (ECBs) are loans in India made by non-resident lenders in foreign currency to Indian borrowers. They are used widely in India to facilitate access to foreign money by Indian corporations and PSUs (public sector undertakings).
English words of Greek origin The Greek language has contributed to the English lexicon in five main ways:\n\nvernacular borrowings, transmitted orally through Vulgar Latin directly into Old English, e.g., 'butter' (butere, from Latin butyrum < βούτυρον), or through French, e.g., 'ochre';\nlearned borrowings from classical Greek texts, often via Latin, e.g., 'physics' (< Latin physica < τὰ φυσικά);\na few borrowings transmitted through other languages, notably Arabic scientific and philosophical writing, e.g., 'alchemy' (< χημεία);\ndirect borrowings from Modern Greek, e.g., 'ouzo' (ούζο);\nneologisms (coinages) in post-classical Latin or modern languages using classical Greek roots, e.g., 'telephone' (< τῆλε + φωνή) or a mixture of Greek and other roots, e.g., 'television' (< Greek τῆλε + English vision < Latin visio); these are often shared among the modern European languages, including Modern Greek;Of these, the neologisms are by far the most numerous.\n\n\n== Indirect and direct borrowings ==\nSince the living Greek and English languages were not in direct contact until modern times, borrowings were necessarily indirect, coming either through Latin (through texts or through French and other vernaculars), or from Ancient Greek texts, not the living spoken language.
Prudential borrowing Prudential borrowing is the set of rules governing local authority borrowing in the UK. Under prudential borrowing, the amount of debt and other liabilities most local authorities can incur is no longer capped by an upper limit. Instead borrowing must conform to the Prudential Code which (among other things) requires that borrowing be affordable and prudential.
Government debt A country's gross government debt (also called public debt, or sovereign debt) is the financial liabilities of the government sector.: 81  Changes in government debt over time reflect primarily borrowing due to past government deficits. A deficit occurs when a government's expenditures exceed revenues.: 79–82  Government debt may be owed to domestic residents, as well as to foreign residents.
Borrowing base Borrowing base is an accounting metric used by financial institutions to estimate the available collateral on a borrower's assets in order to evaluate the size of the credit that may be extended. Typically, the calculation of borrowing base is used for revolving loans, and the borrowing base determines the maximum credit line available to the borrower.
Borrowing center A borrowing center, borrowing shop, borrowing bar, item library or library of things is a library of household items and tools, usually organized as a volunteer cooperative, nonprofit organization, or operated by the local public library.Borrowing centers are part of the sharing economy, which was termed in 1984 by Harvard economist Martin Weitzman. In contrast to a rental store, which offers many of the same items, borrowing centres are operated on a non-profit or collective basis.
Cultural appropriation Cultural appropriation is the inappropriate or unacknowledged adoption of an element or elements of one culture or identity by members of another culture or identity. This can be controversial when members of a dominant culture appropriate from minority cultures.According to critics of the practice, cultural appropriation differs from acculturation, assimilation, or equal cultural exchange in that this appropriation is a form of colonialism.
Borrowing Trouble Borrowing Trouble is a 1937 American comedy film directed by Frank R. Strayer and starring Jed Prouty, Shirley Deane and Spring Byington. It is part of the Jones Family series of films and is also known by the alternative title of The Jones Family in Borrowing Trouble.
Monetary policy Monetary policy is the policy adopted by the monetary authority of a nation to control either the interest rate payable for very short-term borrowing (borrowing by banks from each other to meet their short-term needs) or the money supply, often as an attempt to reduce inflation or the interest rate, to ensure price stability and general trust of the value and stability of the nation's currency.\nMonetary policy is a modification of the supply of money, i.e.
Origination Clause The Origination Clause, sometimes called the Revenue Clause, is Article I, Section 7, Clause 1 of the U.S. Constitution. The clause says that all bills for raising revenue must start in the U.S. House of Representatives, but the U.S. Senate may propose or concur with amendments, as in the case of other bills.
Origination (telephony) Origination in VOIP telephony refers to calls that originate in the PSTN public switched telephone network and are carried to their destination over the Internet.\nA VoIP call is initiated between two points, the initiation point is known as originator and the destination point is known as terminator.
Mortgage origination In consumer lending, mortgage origination, a specialized subset of loan origination, is the process by which a lender works with a borrower to complete a mortgage transaction, resulting in a mortgage loan. A mortgage loan is a loan in which property or real estate is used as collateral.
Loan origination Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application).
Call origination Call origination, also known as voice origination, refers to the collecting of the calls initiated by a calling party on a telephone exchange of the PSTN, and handing off the calls to a VoIP endpoint or to another exchange or telephone company for completion to a called party.\nIn the VoIP world, the opposite of call origination is call termination, where a call initiated as a VoIP call is terminated to the PSTN.\nThe term is often used in referring to a VoIP trunking service that provides the ability for calls to originate on the PSTN and be delivered to a customer's VoIP endpoint.
Origination of Organismal Form Origination of Organismal Form: Beyond the Gene in Developmental and Evolutionary Biology (ISBN 0-262-13419-5) is a book published in 2003 edited by Gerd B. Müller and Stuart A. Newman. It explores the multiple factors that may have been responsible for the origination of biological form in multicellular life.
Significant other The term significant other (SO) has different uses in psychology and in colloquial language. Colloquially "significant other" is used as a gender-neutral term for a person's partner in an intimate relationship without disclosing or presuming anything about marital status, relationship status, gender identity, or sexual orientation.
Bit numbering In computing, bit numbering is the convention used to identify the bit positions in a binary number.\n\n\n== Bit significance and indexing ==\n\nIn computing, the least significant bit (LSB) is the bit position in a binary integer representing the binary 1s place of the integer.
Significant form Significant form refers to an aesthetic theory developed by English art critic Clive Bell which specified a set of criteria for what qualified as a work of art.
Significant Others The term significant other (SO) has different uses in psychology and in colloquial language. Colloquially "significant other" is used as a gender-neutral term for a person's partner in an intimate relationship without disclosing or presuming anything about marital status, relationship status, gender identity, or sexual orientation.
Statistical significance In statistical hypothesis testing, a result has statistical significance when it is very unlikely to have occurred given the null hypothesis. More precisely, a study's defined significance level, denoted by \n \n \n \n α\n \n \n {\displaystyle \alpha }\n , is the probability of the study rejecting the null hypothesis, given that the null hypothesis is true; and the p-value of a result, \n \n \n \n p\n \n \n {\displaystyle p}\n , is the probability of obtaining a result at least as extreme, given that the null hypothesis is true.
The Simpsons The Simpsons is an American animated sitcom created by Matt Groening for the Fox Broadcasting Company. The series is a satirical depiction of American life, epitomized by the Simpson family, which consists of Homer, Marge, Bart, Lisa, and Maggie.
Internet In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party.
Significant Mother Significant Mother is an American television sitcom created by Erin Cardillo and Richard Keith. Starring Josh Zuckerman, Nathaniel Buzolic and Krista Allen, it premiered on The CW network on August 3 and ended its run on October 5, 2015.
Impacts of tourism Tourism brings both positive and negative impacts on tourist destinations. The traditionally-described domains of tourism impacts are economic, socio-cultural, and environmental dimensions.
Competition Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individuals, economic and social groups, etc.
Risk Factors
FIRST DEFIANCE FINANCIAL CORP Item 1A Risk Factors Interest Rate Risk Our earnings and financial condition are dependent to a large degree upon net interest income, which is the difference between interest earned from loans and investments and interest paid on deposits and borrowings
The narrowing of the spread between interest earned on loans and investments and interest paid on deposits and borrowings could adversely affect our earnings and financial condition
Interest rates are highly sensitive to many factors including: o The rate of inflation; o Economic conditions; o Federal monetary policies; o Stability of domestic and foreign markets
Changes in market interest rates will also affect the level of prepayments on loans as well as the payments received on mortgage backed securities, requiring the reinvestment at lower rates than the loans or securities were paying
First Federal Bank originates a significant amount of residential mortgage loans for sale and for our portfolio
The origination of residential mortgage loans is highly dependent on the local real estate market and the level of interest rates
Increasing interest rates tend to reduce the origination of loans for sale and consequently fee income, which we report as mortgage banking income
Conversely, decreasing interest rates have the effect of causing clients to refinance mortgage loans faster than anticipated
This causes the -20- value of mortgage servicing rights on the loans sold to be lower than originally anticipated
If this happens, we may be required to write down the value of our mortgage servicing rights faster than anticipated, which will increase our expense and lower our earnings
Credit Risk Our earnings and financial condition may be adversely affected if we fail to adequately manage our credit risk
Our primary business is the origination and underwriting of loans
This business requires us to take &quote credit risk &quote which is the risk of losing principal and interest income because borrowers fail to repay their loans
The ability of borrowers to repay their loans and the value of collateral securing such loans may be affected by a number of factors including: o A slowdown in the local economy of our market area or the national economy; o A downturn in the business sector in which our loan customer operates; o A rapid increase in interest rates
Economy We operate our banking and insurance business units within the geographic area comprised of the northwest corner of the state of Ohio and adjacent counties in Indiana and Michigan
Weaknesses in this geographic market area could be caused by such factors as an increase in the unemployment rate, a decrease in real estate values, or significant increases in interest rates
Any such weakness could have a negative impact on our earnings and financial condition because: o Demand for our products and services may go down; o Borrowers may be unable to make payments on their loans; o The value of collateral securing loans may decline; o The overall quality of the loan portfolio may decline
We face competition both in originating loans and attracting deposits
Competition is intense in the financial services industry
We compete in our market area by offering superior service and competitive rates and products
The type of institutions we compete with include large regional commercial banks, smaller community banks, savings institutions, mortgage banking firms, credit unions, finance companies, brokerage firms, insurance agencies and mutual funds
As a result of their size and ability to achieve economies of scale, certain of our competitors can offer a broader range of products and services than we offer
To stay competitive in our market area, we may need to adjust the interest rates on our products to match rates of our competition, which will have a negative impact on our net interest margin
Our continued profitability depends on our ability to continue to effectively compete in our market areas
-21- Government Regulation Our business may be adversely affected by changes in the regulatory environment or by changes in government policies as a whole
The earnings of financial institutions such as First Defiance and First Federal are affected by the policies of the regulatory authorities, including the Federal Reserve Board, which regulates the money supply, and the Office of Thrift Supervision, which regulates unitary thrift holding companies such as First Defiance and savings banks such as First Federal
Among the methods employed by the Federal Reserve Board are open market operations in US Government securities, changes in the discount rate on member bank borrowings, and changes in the reserve requirement against member bank deposits
These tools are utilized by the Federal Reserve in varying combinations to influence overall growth and distribution of bank loans, investments and deposits and they have a significant impact on interest rates charged on loans and paid on deposits
The influence of the monetary policies of the Federal Reserve Board are expected to have a continuing and profound effect on the operating results of commercial and savings banks
Policies, administration guidelines, and regulatory practices of the Office of Thrift Supervision and other banking regulators have a significant impact on the operations of First Federal and First Defiance
It is possible that certain of those regulations will negatively impact the Companyapstas operating results or financial condition