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Thursday, October 9, 2008

Tayabas

"Tayabas" The province used to occupy the present-day provinces of Quezon, Marinduque, and Aurora. It has three congressional district presently used by thed three provinces, namely: the then-Marinduque, then-Aurora, and then-Quezon.

W
as noted during the place dotted with "Bayabas" (guava tree). One day, a special couple passing along the area ran out of provisions, and since their destination was still far, they decided to stop and look for food. The guavas were in season then, and the husband, sensing that the fruit could be edible, picked up a few and shared them with his wife. A native of the place happened to pass by and the couple, eager to know what they were eating, asked for the name of the fruit. The native answered "Bayabas", they misunderstood the word "Tayabas"

The founding of Tayabas dates back in 1578 when Franciscan friars, empressed by its healthy climate and amiability of its folks, decided to build a chapel. As recorded, the town’s first government was established in 1620 with Don Lucas as the first executive. In 1651, due to its strategic location and high income, the municipality of Tayabas was made capital of the then province of Tayabas (now Quezon Province)

Risk Management

The quantifiable likelihood of loss or less-than-expected returns. Examples: currency risk, inflation risk, principal risk, country risk, economic risk, mortgage risk, liquidity risk, market risk, opportunity risk, income risk, interest rate risk, prepayment risk, credit risk, unsystematic risk, call risk, business risk, counterparty risk, purchasing-power risk, event risk.
Loss A reduction in the value of an investment
Return The annual return on an investment, expressed as a percentage of the total amount invested. also called rate of return

Examples.

currency risk - the risk that a business' operations or an investment's value will be affected by changes in exchange rates.

inflation risk - The possibility that the value of assets or income will decrease as inflation shrinks the purchasing power of a currency. Inflation causes money to decrease in value at some rate, and does so whether the money is invested or not.

principal risk - The risk of losing the amount invested due to bankruptcy or default. There is always the possibility that through some set of circumstances, invested money will decrease or completely disappear. In this case, principal is lost, not just profits.

country risk - The potential volatility of foreign stocks, or the potential default of foreign government bonds, due to political and/or financial events in the given country.

economic risk - In financing a project, the risk that the project's output will not generate sufficient revenues to cover operating costs and to repay debt obligations.