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Trading Terms

Confirming bank

Let's discuss one of the key players in documentary credit transactions - the confirming bank. This bank provides an extra layer of assurance by adding their own irrevocable commitment to make payment, in addition to the issuing bank's guarantee. Typically, the confirming bank is situated in the exporter's country, ensuring a smooth and secure transaction.

Frequency Domain

In the study of finance, we often come across the concept of time series. It refers to a sequence of data points collected at regular intervals over a period of time. Now, y...

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DDU

In the world of finance, there are various terms that can be confusing to understand. One such term is Delivered Duty Unpaid (DDU). This term refers to a transaction where t...

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Anaume

In finance, we often come across unique patterns that can provide valuable insights into market trends. One such pattern is the anaume, characterized by a sequence of five c...

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Transform

Transform function refers to the process of converting raw data into a more organized and easily interpretable form. This can be seen in the use of filters, such as the simp...

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