Search results for keyword: issuer
6 billion won banknotes
The current legal tender used in China is the Chinese Yuan (or Renminbi). In recent years the Chinese government has launched several newly designed and improved bank notes, including the issuance of the first new 100 Yuan banknote. This banknote is part of China’s plan to modernize its currency ......
12/07/2023 
1038 
Oliver
Confirmed letter of credit
内容关于保兑信用证
Standby Letter of Credit
A standby letter of credit (SLOC) is a legal document issued by a financial institution on behalf of a borrower, guaranteeing a lender will receive payment in case the borrower defaults on their obligations. It’s a promise to pay from a third party --......
standby letter of credit
Standby Letter of Credit
The standby letter of credit – or “SLOC” – is an important financial instrument used to provide assurance to a beneficiary. Banks issue a Standby Letter of Credit in favor of a beneficiary, usually a buyer, in exchange for a performance guarantee from a guarantor, usu......
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......
Product Liability Insurance
Product Liability Insurance
Product liability insurance, also known as product recall insurance, is an important insurance purchased by companies that manufacture, distribute and sell products. It helps cover potential financial losses related to claims involving damages due to a product defect. ......
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......
Non-performing asset securitization
Securitization of Non-Performing Assets
Introduction
Asset Securitization is a process used to pool together debt obligations such as auto loans, mortgages, credit card receivables, student or business loans, and other such obligations. The pool is then sold to investors as a marketable security......
super gilt bond
The Super Golden Bonds are a revolutionary type of investment and the newest innovation in the financial world. These bonds offer an attractive risk-return trade-off for investors, providing both a fixed rate of return and the potential for upside gains if the underlying security’s value increase......
property income
Property-Based Income
Living off passive income, or money earned from investments, can be an incredibly rewarding lifestyle for those with the financial means to pursue it. Passive income provides individuals with the freedom and economic stability to pursue financial independence and pursue hobb......
Financial leverage factor
Introduction
Financial leverage, which can be referred to as gearing, is the use of borrowed funds to increase the return on equity of a business. The leverage ratio measures the degree to which a company is utilizing borrowed funds. It can be calculated in terms of debt and equity, as well as in ......
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