A temporary resident must apply to extend their period of authorized stay before it ends. If they have done so, their period of authorized stay as a temporary resident is extended by law until a decision is made [R183(5)]. Such a person is considered to have implied status as a temporary resident during that period.
DEFINITION of 'Times Interest Earned-TIE'. A metric used to measure a company's ability to meet its debt obligations. It is calculated by taking a company's earnings before interest and taxes (EBIT) and dividing it by the total interest payable on bonds and other contractual debt.
How is interest calculated? Interest-earning checking accounts generally pay interest daily. However, at credit unions, for instance, dividends that are paid on share-draft accounts may be based on the lowest balance during a dividend period, which can be a month or as long as a quarter.