Power of Attorney is a power of attorney is a document, which gives power to the person appointed by it to act for the person who signed the document.
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- The mark-up model
This is another variant form of price leadership model. In this case bank uses mark-up for risk &amp;amp;amp; profit over and above interest cost of borrowing in the money market.
- Uncovered Interest Arbitrage (UIA)
A deviation from covered interest arbitrage is uncovered interest arbitrage (UIA), where in investors borrow in countries and currencies exhibiting relatively ...
- Temporal Method
Temporal method refers to one of the method of two basic methods for the translation of foreign subsidiary financial statements in which specific assets and liabilities are ...
- Trade Finance
Trade Finance is the term “Trade Finance” may simply be described as finance for working capital. The main distinguishing feature about trade
- Credit-rating agencies
Credit-rating agencies is the investment advisory firms that rate the quality of corporate and muni8cipal bonds in terms of the probability of default.
- Financial Lease
To manage the necessary asset for long-term by lease without costing cash is called Financial Lease or Capital lease.
- Depository receipts
Depository receipts, also known as depository shares refer to negotiable certificates issued by a bank to represent the underlying shares of stock, which ...