Standby Letter Of Credit
Definition of Standby Letter of Credit A Standby Letter of Credit is a document that provides a guarantee to the beneficiary that if due to any circumstances, the importer …
Factoring Companies
Factoring is a type of financial service in which a business sells its accounts receivables to a third party called factor. The factor is generally a finance company. The …
Back-To-Back Letter Of Credit
Back-to-Back Letter of Credit Definition Back-to-Back Letter of Credit is a negotiable instrument in which the seller gets a Letter of Credit from the buyer and the seller further …
Specialized Factoring
When a business organization sells its accounts receivables to a third party called factor for a commission or fees in return, it is termed as factoring. It is a …
Terms of Factoring
Factoring is one of the best ways to raise capital for a business. In this transaction, the owner of the business sells all or part of its invoices or …
Financing Strategies
Meaning of Financing Strategies A financing strategy establishes the fundamental steps of how an organization can achieve its financing targets, be it short term or long term. It involves …
Convertible Debentures
Meaning of Convertible Debentures Convertible debentures can be term as debt security or loan that can be converted into equity shares after a stipulated period. The conversion of debentures …
Financing Policy
Meaning of Financing Policy Financing Policy refers to the decisions, choices or regulations related to the financial system of the organization like payment system, borrowing system, lending system etc. …
Intangible Assets and its Types
Assets can be classified into different types based on Convertibility – Current Assets and Fixed Assets Physical Existence – Tangible Assets and Intangible Assets Usage – Operating Assets and …
Hedging
Hedging Meaning Hedging is a risk management strategy. It deals with reducing the risk of uncertainty related to the adverse price fluctuations in an asset. The aim of this …