Bank-PO (NRA) General-Awareness Banking and Finance Terms and Persons (Page 7 of 44)

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Bill of Lading

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A document which represents ownership of goods in transit.

Blue Chips

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Shares in leading quoted companies that can be easily bought and sold without influencing their price (liquidity) and are regarded as low-risk investments.

Bond

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A negotiable instrument evidencing debt, under which the issuer promises to pay the holder its face value plus interest as agreed.

Book Value

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The cost price of an asset less accumulated depreciation.

Bought Financing

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Short-term financing arranged by a bank for offering continuing source of funds pending receipt of loan/bond issue proceeds.

Brand Name Capital

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A firm՚s reputation; the result of non-salvageable investment which provides customers with an implicit guarantee of product quality for which they are willing to pay a premium.

Break-Even Point

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Refers to the price at which a transaction produces neither a gain nor a loss.