Term Loan is a loan intended for medium-term or long-term financing to supply cash to purchase fixed assets such as machinery, land or buildings or to renovate business premises
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- Documentary credit irrevocable
Documentary credit irrevocable is an irrevocable documentary credit is a definite undertaking by the issuing bank that the provision for
Hedging is the taking of a position, acquiring either a cash flow, an asset, or a contract (including a forward contract) that will rise (fall) in value and offset a fall ...
- Target financing rate
Target financing rate is the European Central Bank’s target for the overnight cash rate, the interest rate for very-short-term interbank loans in the euro area.
- Interest Rate Swap
An interest rate swap is an arrangement whereby one party exchange one set of interest payments for another. In the most common arraignment...
- Flexible exchange rates
Flexible exchange rates— the opposite of fixed exchange rates. The foreign exchange rate is adjusted periodically by the country’s monetary authorities in ...
- Partial Shipment
Partial Shipment is a load sent in more than one consignment. In a Letter of Credit, the buyer can say whether this is allowed or not allowed
- Liquidity gap
Liquidity gap is the amount by which the sources and uses of liquidity for a bank do not match.