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Coefficient

Coefficients are essential in finance as they represent the values used to calculate other quantities. For instance, in the equation 3x, the coefficient 3 is multiplied by the variable x. Similarly, in the equation ax, the coefficient a represents the value that is multiplied by x. Coefficients play a crucial role in financial calculations and understanding their significance can greatly impact decision-making.

Performance bond (guarantee)

A performance bond is a contractual agreement that serves as a form of security for one party's performance. In the event that the principal fails to fulfill their obligatio...

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Noting

A vital document in the world of finance is the Notary Public's note on a dishonoured bill of exchange. The Bills of Exchange Act stipulates that this note must be made with...

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Factoring

In the world of finance, there is a specialized service known as export factoring. This involves providing a cash advance to businesses that have accounts receivable from th...

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Bearish View

This is typically the result of a pessimistic outlook on the economy or a specific company. On the other hand, a bullish view is a trend that predicts an upward trajectory in...

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