Current Yield is the yield on a security resulting from dividing the interest payment or dividend on it by its current market price.
More from this Section
- Notary Public
Notary Public is a public officer whose chief duties are certifying deeds and documents, noting and protesting Bills of Exchange etc.
- Trust Deed (Settlement Deed, Declaration of Trust or Trust Instrument)
Trust Deed (Settlement Deed, Declaration of Trust or Trust Instrument) is document that lays down the foundations of how the
- Spot Exchange
Spot Exchange is foreign exchange bought and sold for immediate delivery. In practice, almost invariably for delivery two business days after
- Currency Options contracts
Currency options contracts can be classified as calls or puts. A currency call option provides the right to buy a specific currency at a specific price within a specific period of time.
- Basis Points
Basis Point means one-hundredth (100) of one percentage point (i.e. 0.01%), normally used for indicating spreads or cost of finance.
- Back to Back Credits
Back to Back Credits or Head and Counter Credits is a documentary credit (counter) taken out by an importer to allow purchase of goods required to meet a sale covered under an original (head) credit.
- Credit Control
To keep the amount of loan in the optimum level is known as credit control. In case of individual the person himself maintain the level of optimal ...