core funding

core funding

A term of art referring specifically to the financial resources needed for an organisation’s sustained operation—e.g., salaries, office costs, equipment, IT, etc.
References in periodicals archive ?
NEW YORK -- Fitch has rated the liabilities of CORE Funding, LLC, a collateralized fund obligation, as follows:
Yet our hospices have no proper core funding from the Assembly Government and rely on the generosity of the public.
Carmarthenshire's 825 membership is one of the largest in Wales but Plaid says that unlike most other authorities, the county council does not provide core funding to help with the day to day running of the organisation.
The Positive Rating Watch reflects Fitch's view that gaining core funding should strengthen COF's liquidity and reduce its overall cost of funds.
Fitch's ratings are based on the company's sound financial profile, particularly its good operating performance, sound credit quality, and solid core funding base.
The proceeds of the issuance will be used to purchase $166,728,474 par value notes of CORE Funding, LLC, a collateralized fund obligation backed by an actively managed, diversified portfolio of real estate-related funds consisting of REITs, closed- and open-end real estate funds, and direct real estate investments, as well as by zero-coupon U.
UCBH's solid core funding base contributes to a fairly liquid balance sheet; however, Fitch views the level of liquidity at the parent company as a limiting rating factor.
has afforded it a strong core funding base and good asset quality.
Management's emphasis on extending leases and prudent equipment capital expenditures has resulted in financial leverage declining while access to the company's core funding sources was maintained.
PBKS' ratings are supported by the company's asset quality, solid levels of liquidity and growing levels of core funding.
Moreover, WBS' ratings are supported by the company's sound asset quality and solid levels of liquidity and core funding.
This current issue reflects the refinancing of that existing CMBS debt and once again establishes MOT's core funding platform for the next few years.