ASSIGNMENT OF PROCEEDS
The document which transfers a part or all of the proceeds coming from a letter of credit towards a third party benefit. In order to acquire an assignment of proceeds, the letter of credits' beneficiary must give, in writing, a request to the bank for the assignment of the funds to an alternative individual or company.
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Sales Price Variance
Sales Price Variance is the difference of the anticipated selling price, or the amount of money a business expects to sell its products or services ...
Crown Loan
Demand loan with no maturity date. Normally made by a wealthy parent or grandparent, the loan is named after American industrialist and philanthrop ...
Replacement Chain Method
A capital budgeting decision model that is used to compare two or more mutually exclusive capital proposals with unequal lives. The Replacement Cha ...
Netherlands Antilles Guilder
Currency abbreviation or symbol of Netherlands Antilles Guilder, the official currency of Netherlands Antilles which ...
Price Talk
A discussion of appropriate price for an upcoming security issue. The investment community will conclude a realistic range of prices within which t ...
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SEE FOREX TUTORIAL
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
Principles of Trading: Leverage and Margin
All novice and seasoned traders need to befriend these two great tools to achieve success in trading: leverage and margin.
...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
An Introduction to Student Loans
A college education is one of the most essential investment in a person’s life. Unfortunately, in this time and age, it has also become one o ...
Buying a Home: Everybody’s Goal
Since childhood, Selena has always dreamed of owning a large farm house surrounded with lots of animals – every kind of animal the world has ...
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