Credit Risk

Credit risk is the risk of non-payment of a loan by the borrower. In other words, we can define it as the risk that the borrower may not repay the …

Venture Funding

Venture Funding Definition Venture funding is a funding process in which the venture funding companies manage the funds of the investors who want to invest in new businesses which …

LC Payment Terms

Meaning of Letter of Credit A letter of credit is a written undertaking by the buyer or the buyer’s bank known as the issuing bank to pay a certain …

Conglomerate Merger

Meaning of Merger Merger is a process in which two or more existing companies voluntarily combine together to function as one new company. A new company comes into existence …

Bills Payable

Meaning of Bills Payable Bills Payable is a liability document which shows the indebtedness of an individual, an organization, a bank, etc. When an individual or an organization makes …