Currency Market Risk
The risk of loss from having positions in any of the currency markets. The risk can be from outright positions. It can also reside in the balance sheet or in the income flows of a company.
Arrangements whereby two or more currencies are clubbed together with defined weights, and whose exchange rate/interest rate is determined by computing weighted average market rates.
The yield on a security resulting from dividing the interest payment or dividend on it by its current market price.
Short-term assets, constantly changing in value, such as stocks, debtors and bank balances.
Short-term liabilities, due to be paid in less than one year, such as bank overdrafts, money owed to suppliers and employees.
D/A (documents against acceptance)
Refer to shipping documents presented to a bank on a collection basis to be passed to the buyer when he or she accepts a bill of exchange. The bank holds the bill of exchange until it ends (maturity) when they ask the buyer to pay the seller.
Bank-PO General-Awareness- DoorstepTutor List of Programs
Detailed Explanations to 1311 Questions
Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 1311 questions. Access all new questions we will add tracking exam-pattern and syllabus changes.
Rs. 500.00 or
305 Must-Know Terms
Learn about important personalities and terminology systematically arranged in topics & updated regularly.
31 Video Lectures
Watch detailed and accurate lectures systematically categorized by topic & subtopic at your doorstep!