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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- Rate of capital gain
Rate of capital gain is the change in a security’s price relative to the initial purchase price.
- Perfect forecast line
Perfect forecast line refers to a 45-degree line on a graph that matches the forecast of an exchange rate with the actual exchange rate.
- National banks
National banks is the Federally chartered banks.
ALMs is the automated loan machines that allow a customer to enter selected bits of information and receive a loan of cash if the machines’ programmed credit standards are met.
Amortization means the allocation of the cost of an intangible asset to expense over its useful life in a systematic and rational manner.
- Earning Yield
Earning Yield is the ratio of earning per share to market price of the share.
- Asset management
Asset management is the acquisition of assets that have a low rate of default and dicversificatrion of asset holdings to increase profits.