INTERNATIONAL PETROLEUM INVESTMENT COMPANY - IPIC
A government-owned organization that is responsible for managing the sovereign wealth fund and foreign investments in the oil and chemicals sector in Abu Dhabi. IPIC was established in 1984 that aims to invest internationally within the hydrocarbons industries worldwide. As of 2009, it has approximately $14 billion in assets.
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Gift Letter
Written correspondence given to a lender acknowledging the money received is a gift from a friend or relative. Normally, it occurs when a borrower ...
Digits Deleted
A designation on an exchange's ticker tape that refers to the absence of one or more price digits caused by tape delay. Digits deleted comes in ...
Quadruple Witching
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Cash on Delivery - COD
Transaction in which payment for an ordered good is made on its delivery date and time. The good will be returned to the seller should the buyer fa ...
Robo-Signer
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