LC-Vs.-SBLC

LC Vs. SBLC

The regular letter of credit and standby letter of credit (LC & SBLC) are payment instruments used in international trade. However, there are some… Read Article
Confirmed Letter of Credit

Confirmed Letter of Credit

Confirmed Letter of Credit – MeaningA confirmed letter of credit is a letter of credit in which the seller or exporter has a payment… Read Article
Financial Securities

Financial Securities

Financial Securities – DefinitionFinancial security is a document of a certain monetary value. Traditionally, it used to be a physical certificate but nowadays, it… Read Article
WACC Calculation

How to Calculate WACC?

How to calculate WACC is calculation is the computation of the cost of the overall capital of a business. The capital structure of a… Read Article
Overdraft Interest

Overdraft Interest

What is an Overdraft Interest?Overdraft interest is the interest a bank charges on an overdraft facility. An overdraft is a facility of extended credit… Read Article
Overdraft Limit

Overdraft Limit

Overdraft Limit – MeaningOverdraft is a credit extension from a bank to its checking account holders. The credit is extended in case the checking… Read Article
Types of Exchange Rates

Types of Exchange Rates

What are Exchange Rates?“Exchange rates is an amount of the domestic currency you will have to pay to obtain a unit of a foreign… Read Article