Overhang Party
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Overhang Party
Overhang may refer to: * Debt overhang, a fiscal situation of a government * Market overhang, a concept in marketing * Monetary overhang, a phenomenon where people have money holdings due to the lack of ability to spend them * Overhang seat, a constituency seat in excess of a party's entitlement * Overhang (architecture), a protruding structure that may provide protection for lower levels, such as overhanging eaves * Overhang (automotive), the part of a road vehicle's length that is outside of the wheelbase * Overhang (rock formation), part of a rock face that exceeds the vertical See also * Underhang In proportional representation (PR) electoral systems, an underhang seat is a seat that becomes vacant because the party that was entitled to it by virtue of its share of the total votes cast was unable to fill it through having submitted too few c ...
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Debt Overhang
Debt overhang is the condition of an organization (for example, a business, government, or family) that has existing debt so great that it cannot easily borrow more money, even when that new borrowing is actually a good investment that would more than pay for itself. This problem emerges, for example, if a company has a new investment project with positive net present value (NPV), but cannot capture the investment opportunity due to an existing debt position, i.e., the face value of the existing debt is bigger than the expected payoff. Hence, the equity holders will be reluctant to invest in such a project because most of the benefits will be reaped by the debt holders. In addition, debt holders will not finance the firm if the company cannot convince the debt holders that the project will not fail. The situation emerges if existing debtholders of a company can be expected to lay claim to (part of) the profits of the new project, and this renders the NPV of the project (when undert ...
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Market Overhang
Market overhang is a term derived from the physical world meaning things that stick out or hang over another thing. Often from the viewpoint of standing beneath an 'overhang' there is shade provided by a protrusion from the adjacent vertical domain, such as a tree or building. In marketing, ''overhanging the market'' relates to the business practice of announcing a new product or a new business strategy by a company in an adjacent space to the target. To be an overhang in this context, the following conditions must exist: the announcer is a market leader in the adjacent space; the new product is not ready for release at the time of the announcement; the market is new and standards are not yet clearly defined; and, the goal is to forestall competitor growth by encouraging customers to wait for the new product. Recent examples of overhang In June 1999 - Nortel declared a voice over IP strategy, while Cisco and its newly acquired Selcius Systems IP PBX were starting to gain traction ...
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Monetary Overhang
Monetary overhang is a phenomenon in which people have money holdings because of a lack of ability to spend them. This is a phenomenon often present with repressed inflation and was common in centrally planned economies like the Soviet Union The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, .... The Soviet Union experienced monetary overhang from the mid-1980s onwards. This was reported by the IMF in 1991. Subsequent to this report, the USSR collapsed. References Inflation {{Finance-stub ...
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Overhang Seat
Overhang seats are constituency seats won in an election under the traditional mixed member proportional (MMP) system (as it originated in Germany), when a party's share of the nationwide votes would entitle it to fewer seats than the number of individual constituencies won. How overhang seats arise Under MMP, a party is entitled to a number of seats based on its share of the total vote. If a party's share entitles it to ten seats and its candidates win seven constituencies, it will be awarded three list seats, bringing it up to its required number. This only works, however, if the party's seat entitlement is not less than the number of constituencies it has won. If, for example, a party is entitled to five seats, but wins six constituencies, the sixth constituency seat is referred to as an overhang seat. Overhang can result from an unproportional distribution of constituencies as well as strong region-based support or the existence of regional parties. Earning overhang seats ...
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Overhang (architecture)
In architecture, an overhang is a protruding structure that may provide protection for lower levels. Overhangs on two sides of Pennsylvania Dutch barns protect doors, windows, and other lower-level structures. Overhangs on all four sides of barns and larger, older farmhouses are common in Swiss architecture. An overhanging eave is the edge of a roof, protruding outwards from the side of the building, generally to provide weather protection. History Overhangs are also common in medieval Indian architecture—especially Mughal architecture of the 16th–18th century, where they are called '' chhajja'', often supported by ornate corbels and also seen in Hindu temple architecture. Later, these were adopted by Indo-Saracenic architecture, which flourished during the British Raj. Extensive overhangs were incorporated in early Buddhist architecture; were seen in early Buddhist temples; and later became part of Tibetan architecture, Chinese architecture, and eventually, traditional Jap ...
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Overhang (automotive)
Overhangs are the lengths of a road vehicle which extend beyond the wheelbase at the front and rear. They are normally described as front overhang and rear overhang. Practicality, style, and performance are affected by the size and weight of overhangs. Characterization Along with clearance, length of overhangs affects the approach and departure angles, which measure the vehicle's ability to overcome steep obstacles and rough terrain. The longer the front overhang, the smaller is the approach angle, and thus lesser the car's ability to climb or descend steep ramps without damaging the front bumpers. Typically, the rear overhang is larger on rear-wheel drive cars, while the front overhang is larger on front-wheel drive cars. Overhangs in the case of rolling stock are the lengths from the bogie pivots to the ends of the car, or in the case of two axles the distances outside of the wheelbase to the ends of the car. Journalist Paul Niedermeyer has proposed an ''overhang ratio'' ( ...
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Overhang (rock Formation)
An overhang is a rock face or artificial climbing wall with a slope of more than 90°, i.e. it slopes beyond the vertical. Particularly severe overhangs that reach, or nearly reach, the horizontal, are referred to as a roof. In climbing, overhangs and especially roofs place special demands both in terms of technique and equipment as well as the constitution of the climber. With increasing steepness the loading on arm and hand muscles increases, because the feet can support less and less of the body weight. Rest points where the muscles can be relaxed, especially no-hands rests, are rarely found in overhangs. Climbing techniques to tackle overhangs include placing the body's centre of mass as close as possible to the rock and striving for the highest possible body tension. Many climbing techniques such as the foothook are almost exclusively used in overhangs and roofs. For a long time in Alpine climbing, roofs were almost always tacked using climbing aids. By contrast, in mo ...
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