Letter of Guarantee

Letter of Guarantee

A letter of guarantee is a written contract that the bank issues on behalf of its customers who enter a sale agreement to buy… Read Article
Business Life Cycle

Business Life Cycle

Every business goes through seven phases of a life cycle. These phases are the idea, start-up, growth, established, expansion, decline, and exit stages. The… Read Article
Contract For Difference

Contract for Difference

Contract for Difference (CFD) – MeaningA contract for difference is an arrangement wherein a buyer and a seller enter into a trade contract for… Read Article
Revolving Credit Facility

Revolving Credit Facility

Revolving Credit Facility – MeaningA revolving credit facility is a line of credit wherein the borrower pays a fixed fee to borrow funds up… Read Article