Conversion Price
What is the Conversion Price?The conversion price informs the bondholders of the number of shares that would be issued in case they opt for… Read Article
Inland Letter of Credit
MeaningAn inland letter of credit is exactly like a regular letter of credit. The only difference between the two is that a regular letter… Read Article
Usance Letter of Credit
What is a Usance Letter of Credit?A usance letter of credit is a specific type of letter of credit that allows a predetermined credit… Read Article
Reverse Merger Process
What is a Reverse Merger?A reverse merger process is carried out to merge a thriving and potentially scalable private company with a dormant or… Read Article
Duration of a Bond
What is the Duration of a Bond?The duration of a bond expresses the sensitivity of the bond price to changes in the interest rate.… Read Article
Rehypothecation
What is Rehypothecation?Rehypothecation, most simply put, occurs when your assets are pledged with the “creditor of your creditor.” It is not as complex as… Read Article
Sight Letter of Credit
A sight letter of credit is a special type of letter of credit in which the payment term “sight” is used in a letter… Read Article
Cash Flow Management
What is Cash Flow Management?Cash flow management refers to the process by which an organization maintains control over the inflow and outflow of funds.… Read Article
Revolving Letter of Credit
MeaningA revolving letter of credit is a single letter of credit that covers multiple transactions over a long period of time. It is very… Read Article
Red Clause Letter of Credit
MeaningA red clause letter of credit is a specific type of letter of credit in which the buyer can extend the facility of advance… Read Article
Deferred Coupon Bonds
Deferred coupon bonds are ones where interest is paid at maturity. The capital structure of a business needs certain financial instruments on which the… Read Article