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Running Total

This is known as compounding. Compounding is an essential concept in finance that involves the accumulation of daily values. The process includes adding the value of each day to the previous day's total, or subtracting it if the value is negative. This continuous cycle results in a compounding effect, where the overall value increases over time. Understanding this concept is crucial for making informed financial decisions and maximizing returns. So, let's delve deeper into the concept of compounding and its implications in the world of finance.

Cash against documents (CAD)

A buyer or importer must pay the indicated invoice amount upon presentation of commercial documents, such as a bill of lading or insurance certificate. This is known as a si...

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Expert Systems

Expert systems are highly specialized systems that are driven by rules and are not able to adapt to new information. In contrast, neural networks have the ability to learn f...

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Indemnity

In financial terms, a contract where one party assumes responsibility for compensating another for any losses incurred as a result of a transaction with a third party is kno...

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Intraday Trading

It is a high-risk, high-return investment strategy that requires a thorough understanding of market trends and the ability to make quick decisions. Day traders often utilize ...

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