Collusion is a secret agreement between two or more persons to defraud another person of his or her right in order to achieve an unlawful objective.
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Bond is a document by which a public limited company borrows the funds for a defined period of time at a variable or fixed interest rate.
- Without Recourse
Without Recourse is the purchase and discounting of trade documentation issued by an exporter under, and in full compliance with
- Investment Banking Specialists
Banks are becoming increasingly involved in assisting their business customers with the issue of bonds, notes, and stock to raise...
Annuity is fixed amount of cash to be received every year for a specified period of time.
- Off-Balance Sheet
Off-Balance Sheet Includes all banking transactions that do not appear on the balance sheet of a bank as an asset or as a debt.
- Other Capital Investment
A component of the financial account consists of other capital investment, which represents transactions involving short-term financial assets (such as money market securities between countries.
- Derivative deposits
Deposits created from different underlying transaction of bank is called derivative deposits. The prime underlying transaction includes ..