SIGHT DRAFT
A sight draft is a kind of bill exchange. This is a situation wherein the exporter holds the title for the transported goods until the time that the importer receives the transported goods and makes the payment for them. Sight drafts are often used in air shipments, ocean shipments, and international trade. The sight draft is payable immediately unlike the time draft that delays payment.
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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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