Haircut is the difference between the market value of a security and its value when used as collateral. The haircut is intended to protect a collateral taker from losses due to declines in collateral values
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- Project Finance Loan Program
Project Finance Loan Program refers to a program that allows banks, the Ex-Im Bank, or a combination of both to extend long-term financing for capital ...
- Gold Standard
From 1876 to 1913, exchange rates were dictated by the Gold Standard. Each currency was convertible into gold at a specified rate. Thus, the exchange rate between two currencies was determined by their relative convertibility rates per ounce of gold.
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To do something for the welfare of society and nothing do harmful for the society is social responsibility. Social responsibility is very important in business-world with financial profit.
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Cash budgeting is the planning for future receipts and disbursement of cash.
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American Depositary Receipt (ADR) is a certificate of ownership, issued by a U.S. bank, representing a claim on underlying foreign securities. ADRs may ...
- Thrift deposits
Thrift deposits is the accounts whose principal purpose is to provide an interest-bearing outlet for customer savings – that is, a place for the customer to store liquid purchasing power at interest until needed.