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Trading Terms

Electronic Data Interchange (EDI)

Electronic Data Interchange (EDI) is the process of electronically exchanging business documents between trading partners. This includes documents such as purchase orders, invoices, and booking instructions. EDI follows a standardized format, such as EDIFACT, to ensure seamless communication between systems. As technology continues to advance, EDI has become an essential tool for businesses to streamline their operations and improve efficiency. By eliminating the need for manual data entry and paper-based processes, EDI allows for faster and more accurate communication, ultimately leading to cost savings and improved productivity.
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All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o
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Investments that provide regular, fixed payments, such as bonds and treasury bills.
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All terms related to the system of money in general use in a particular country, representing a medi
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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All terms and concepts related to the use, features, and management of payment cards allowing users
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The "Property" category in finance encompasses all aspects related to real estate and tangible asset
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