Export Credit Insurance is insurance coverage for exporters to protect against commercial and political risks of making an international sale.
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- Functional Currency
A foreign subsidiary’s functional currency is the currency of the primary economic environment in which the subsidiary operates and in which it generates cash flows.
Offer refers to the price at which a trader is willing to sell foreign exchange, securities, or commodities. Also called “ask.”
- Interest Rate Swap
An interest rate swap is an arrangement whereby one party exchange one set of interest payments for another. In the most common arraignment...
- Title Deeds
Title Deeds are documents which prove who owns a property and under what term
- Vostro Account
Vostro Account is a bank account held by a foreign correspondent of the local bank with that bank, in the local currency.
- Transfer pricing
Transfer pricing— the pricing of goods, services, and technology to a foreign subsidiary from a related company. It is the first and foremost method of ...
- British Columbia Hydroelectric and Power Authority (BC Hydro)
British Columbia Hydroelectric and Power Authority (BC Hydro) is a Provincial Crown Corporation, a wholly owned subsidiary of the British Columbia.