BARINGS BANK
A British merchant bank which was established in 1762, and was acclaimed as the most stable and largest bank in the world for centuries. In 1995, Barings bank which was taken as oldest bank in Britain crumbled after not being able to meet the cash requirements after an unauthorized speculative trading in derivatives at its branch in Singapore by then-trader Nick Leeson.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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