LC Vs. SBLC

Both the regular letter of credit and standby letter of credit are payment instruments used in international trade. However, there are some basic differences in the product which we …

Financial Securities

Financial Securities – Definition A financial security is a document of a certain monetary value. Traditionally, it used to be a physical certificate but nowadays, it is more commonly …

WACC Calculation

WACC calculation is the computation of the cost of overall capital of a business. The capital structure of a business comprises of components of debt and equity which have …

Overdraft Interest

Overdraft interest is the interest, a bank charges on overdraft facility. An overdraft is a facility of extended credit from a bank or a financial institution. This facility allows …