INDIRECT QUOTE
Rate of a foreign currency pair per unit of the domestic currency. Also called quantity quotation, it denotes the number of foreign currency needed to buy units of the domestic currency. In indirect quote, the base currency is the domestic currency while the counter currency is the foreign currency. Opposite of direct quote or price quotation.
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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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