present ability

См. также в других словарях:

• present — pre·sent 1 /pri zent/ vt 1: to lay before a court as an object of consideration present a complaint present ed a defense of insanity 2: to make a presentment of (an instrument) pre·sen·ta·tion /ˌprē ˌzen tā shən, ˌpre , zən / …   Law dictionary

• present — A gift; a gratuity; anything presented or given present, adj Now existing; at hand; relating to the present time; considered with reference to the present time. See also presentment @ present ability As used in describing an element of the crime… …   Black's law dictionary

• ability to pay — Refers to the borrower s ability to make interest and principal payments on debts. Bloomberg Financial Dictionary See: fixed charge coverage ratio. Bloomberg Financial Dictionary In context of municipal bonds, refers to the issuer s present and… …   Financial and business terms

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