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CIP

CIP (Carriage and Insurance Paid To) is a commonly used trade term in international commerce. It refers to a contract between the seller and buyer, where the seller bears the cost and risk of transporting the goods to the agreed upon destination. This includes not only the carriage of the goods, but also the cost of insurance. CIP is often used in conjunction with a named point, indicating the exact location where the goods will be delivered. It is important to understand this term when engaging in global trade, as it outlines the responsibilities of each party and helps to avoid any misunderstandings or disputes.

Float

Let us discuss the concept of 'outstanding shares' - the total number of company shares that have been issued and are currently available for trading. When a company goes pu...

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Alphabet Stock

Alphabet Stock is a noteworthy type of common stock that signifies a company’s ownership in its subsidiary. This type of stock is often issued by large corporations to hold ...

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Holder in due course

A knowledgeable professor of finance would explain that when a person takes a bill, which is complete and regular on its face, they are considered a holder under certain con...

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Coefficient of Determination

R-squared, also known as the coefficient of determination, is a measure used to evaluate the performance of a regression model in explaining the variability in a dataset. It...

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