Short-term Loan is loan to a business for less than one year, usually for operating needs.
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- Vostro Account
Vostro Account is a bank account held by a foreign correspondent of the local bank with that bank, in the local currency.
- Weighted average cost of capital (WACC)
Weighted average cost of capital (WACC) is the sum of the proportionally weighted costs of different sources of capital, used as the minimum ...
- Establishing new foreign subsidiaries
Firms can also penetrate foreign markets by establishing new operations in foreign countries to produce and sell their products.
- Costly state verification
Costly state verification means monitoring a firm’s activities, an expensive process in both time and money.
- Euro-Commercial paper (ECP)
Euro-Commercial paper (ECP), like commercial paper issued in domestic markets around the world, is a short-term debt obligation of a corporation or bank.
- Adjusted present value
Adjusted present value refers to a type of present value analysis in capital budgeting in which operating cash flows are discounted separately from (1) the various ...
Outright is the purchase or sale of foreign currency for delivery at any forward date beyond two working days ahead.