TMI BlogTime value of moneyX X X X Extracts X X X X X X X X Extracts X X X X ..... has discussed the interpretation of the term "time value of money" and stated: "1.4. The current definition of "financial debt" under Section 5(8) of the Code uses the words "[Ed.: The matter betwe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mphasised in original.]" has been the subject of interpretation only in a handful of cases under the Code. The words "time value" have been interpreted to mean compensation or the price paid for the l ..... X X X X Extracts X X X X X X X X Extracts X X X X
|