Limit is a documentary credit limit is the maximum amount for which an importer may have balances outstanding under documentary credits at any one time.
More from this Section
Offer refers to the price at which a trader is willing to sell foreign exchange, securities, or commodities. Also called “ask.”
- Operational Risk
Operational Risk includes all risks not included in market risks and credit risks, such as losses arising from fraud, failure in computer systems and
- Risk premium.
Risk premium is the additional premium which is given to the investors to take risk than non-risky return .
- Disability income insurance
Disability income insurance is the type of insurance that pays benefits to those who cannot work due to some sort of disability.
- International cash management
International cash management is the set of activities determining the levels of cash balances held throughout the MNE (cash management) and the facilitation ...
Equities is the claims to share in the net income and assets of a corporation (such as common stock).
- Risk-based capital (RBC)
Risk-based capital (RBC) under NAIC standards, insurers are required to have a certain amount of capital that is based on the riskiness of