Medi Assist Healthcare IPO

Home Trading Terms

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Trading Terms

Special documentary credit liability (SPECIAL DOC L/C)

As we delve into the world of finance, it's important to understand the concept of documentary credits. These credits may offer the option for a negotiable set of documents to be sent directly to the customer and the bank or branch involved. This means that the customer could gain possession of the goods before making payment. However, this also means that the customer is directly liable for the goods from the moment the credit is established. It's crucial to be aware of this potential responsibility when dealing with documentary credits.

Liability

A key concept in banking is the notion of liability. Put simply, a liability is a financial obligation that must be fulfilled. This can take two forms: direct or contingent....

More

Confidence Factor

As a financial professional, it is essential to understand the concept of confidence level. This refers to the degree of certainty we have in the accuracy of a rule. It can ...

More

Advice of fate

A bill of exchange, also known as a negotiable instrument, is a written order by one party to another to pay a specified sum of money on a certain date. It serves as a form ...

More

Moving Average Crossovers

In the field of finance, we often refer to the crossover as the point where the different moving average lines meet on a moving average price bar chart. This particular occu...

More