Revolving Letter of Credit is a Letter of Credit in which the value of the Letter of Credit is automatically reinstated upon utilization. A Letter of Credit may revolve by value, time or both.
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Outright is the purchase or sale of foreign currency for delivery at any forward date beyond two working days ahead.
- EBIT-EPS Model
EBIT refers to a company&#039;s earnings before interest and taxes. EPS stands for earnings per share.To define the capital structure to maximization of earnings per share of a company before interest and taxes is "EBIT-EPS Model".
- Unit Banking Organization
In the unit banking system, the banking operations are carried through a single office and confined to a particular area.
- American terms
American terms refer to foreign exchange quotations for the U.S. dollar, expressed as the number of U.S. dollars per unit of non-U.S. currency.
- Service Charge
Service Charge is a fee paid for using a service.
- Product Mix
Product Mix is the composite of products offered for sale by an organization.
- Branch Banking Organizations
Branch banking is a system where the banking business is carried on by single bank with a network of branches throughout the length and.......