GHC
Currency abbreviation for the Ghanaian cedi, the official currency of the Republic of Ghana. Introduced in 2007, the term cedi comes from the African word cowry shell, previous form of Ghanaian currency. Regulated and issued by the Bank of Ghana, banknotes are issued in 1, 5, 10, 20 ,and 50 denominations.
POPULAR TERMS
Maximum Loan-to-Value Ratio
Maximum allowable ratio of a loan’s size to the property’s value that is securing the loan. Lenders measure the risk using loan-to-valu ...
Cash Return on Assets Ratio
Ratio used to differentiate a business’ performance against other industry members. The company’s analysts may use the ratio internally ...
Retention Bonus
A reward given to an employee that serves as an incentive to keep that key employee on the job during a significant business cycle, like a merger o ...
Infrastructure
Basic physical systems of a business or country such as roads, utilities, transportation, communication, sewage, and water and electric systems, am ...
Cost Control
Act of managing and/or reducing business expenditures done by determining the costs and evaluating if such expenses are affordable and reasonable. ...
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An Introduction to Insurance
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