The definitions contained in this book are designed to provide an. The comprehensive presenta tion of capital project expenditure estimates. Default and recovery rates for project finance bank loans, 1983 2011 addendum. The char ts belo w demonstr ate the dif ference between public, corporate and project funding, using an example of a water treatment project. Comptia serves the it industry as the worlds largest developer of vendor neutral it certification exams in field such as computer repair, networking, it security, radio frequency identification and project management. Project financing glossary 144a offering an offering under rule 144a of the securities act of 1933. Project finance glossary lexicon of project finance terms. Glossary search download full glossary csv file download full glossary pdf file. Project finance is generally used to refer to a nonrecourse or limited recourse financing structure in which debt, equity and credit enhance ment are combined for the construction and operation, or the refinanc. Cash flow can be attributed to a specific project, or to a business as a whole. Glossary of finance terms national association of counties.
Lathams first book in the series was the corporate and bank finance book of jargon, from which we have liberally plagiarized, adapting many terms to the project finance context. This project finance manual provides managers of publicprivate partnership ppp projects. Where documents or money accounts are put beyond the reach of the parties. Financial literacy programme a nalaebs partnership. Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are accepted. Refers to a type of security that is exempt from registration with the securities and exchange commission.
Our glossary of terms is provided as a quick reference, and to provide simple. Public finance for years, many governments, including the south african government, funded projects by. Project finance structures p roject funding can be obtained from v arious sources. For additional information about acceleration, see project finance documents project loan agreement intercreditor agreement. Refers to the raising of finance for a project through the issuance. For example, an employee receiving a raise may reply with the words cool beans, upon receiving the news. This special comment the addendum is an addendum to moodys study published in february 20 examining the default and recovery performance of unrated project finance bank loans the study 1. Api gravity a measure of density of crude oil or other liquid hydrocarbons, as measured by a system recommended by the american petroleum institute api, measured by degrees. Default and recovery rates for project finance bank loans. This document provides a glossary of financing instruments. Borrowers financial glossary, the carrot project, 2. Credit agreement that require delivery of specified legal documents.
Equity investments provide a critical capital base for a company or project to grow its operations. We would like to show you a description here but the site wont allow us. This glossary was produced by comptia, the computing technology industry association. The lower the api gravity, the heavier the compound. Project management glossary terms usaid learning lab. Financing glossary of terms cambridge realty capital. Glossary of terms acceptance the formal process of accepting delivery of a product or deliverable. A slang term used to refer to something favorable that has happened in business. Project finance is the financing of longterm infrastructure, industrial projects and public services based upon a nonrecourse or limited recourse financial structure, in which project debt and. Manual for financial management and control model is structured to establish a. Project finance is generally used to refer to a nonrecourse or limited recourse financing structure in which debt, equity and credit enhance ment are combined for.
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