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Insurance subject
Insurance Subject
Insurance is a financial product that protects individuals and businesses from unforeseen losses. It is a form of risk management that is based on the transfer of risk from one party to another. Insurance can provide coverage for a wide range of events, including property, life,......
12/07/2023 
1043 
Olivia
back to back letter of credit
BACK-TO-BACK LETTERS OF CREDIT
Back-to-back letters of credit are an arrangement which benefit both recipients and issuers. A back-to-back letter of credit is two (or more) independent letters of credit, between two different parties. It is one where a primary or issuing bank provides a letter of......
endorsement
无
Endorsement is a legal document issued by a person or organization and usually signed by the endorser to finance or guarantee a debt, obligation, or responsibility of another person or organization. The endorser assumes liability for the debt or obligation of another person or organization and ......
Scoring and queuing
Introduction
The rating queue method is basically a system whereby a set of criteria is established, and prescreening entries are thus rated based on those criteria according to a specified scale. This rating queue method is useful in established contexts such as competition, or research projects......
IMF Temporary Credit Facility
International Monetary Fund (IMF) Stand-by Credit Loans
The International Monetary Fund (IMF) is an international organization that works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and......
QFII
QFII, also known as qualified foreign institutional investors, are foreign institutions that are allowed to invest in the Chinese securities market in accordance with Chinese laws. This system involves the issuance of various types of securities, including equities, bonds, warrants, primary and se......
Irrevocable Documentary Letter of Credit (Limited Negotiation)
Irrevocable and Unconditional Follow Up Credit
Credit is often used as a form of payment for goods and services around the world. It is typically handled through banks and other financial institutions, and is a legally binding agreement between two parties. There are various types of credit, such......
Procedures for export credit insurance
Procedures of Export Credit Insurance
Export credit insurance is a type of insurance policy provided by the government or a private insurer that protects a business or exporter against losses that may occur due to a customer or buyer defaulting on their payment obligations. The government-won exp......
The minimum interest rate of the first home loan of many banks has been raised to 25%
As of late, many Chinese banks have raised their minimum loan interest rate for the first purchase of a house to 8.5 percent. This has caused homebuyers and financial experts alike to take notice and consider the implications of such a move.
The higher loan interest rate for first-time homeowners......
Stall Bank
Street Stall Banking in the United States
The concept of street stall banking refers to the practice of providing banking services on the streets in the United States. This type of banking has been around since the 1800s, when immigrants set up makeshift stalls to assist people in exchanging, rem......
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