Finance

Exchange rates are determined in the foreign exchange market, which is open to a wide range of buyers and sellers where currency trading is continuous.…

Holder in Due Course The holder is the person who is entitled in his own name to the possession of a negotiable instrument. Holder in…

Hire Purchase System The Hire-purchase system is a special system of purchase and sale of goods. It is a system of payment for a commodity…

Floating Exchange Rate Regime Exchange rates can be understood as the price of one currency in terms of another currency. A floating (or flexible) exchange rate…

Forex reserves or FX reserves are assets held on reserve by a central bank in foreign currencies. Foreign assets comprise assets that are not denominated…

Exchange rates can be understood as the price of one currency in terms of another currency. Fixed Exchange Rate Regime is a regime applied by…

Hedging denotes protecting or insuring. In finance, it is a risk management strategy. It is a financial strategy that should be understood and used by investors…

Guaranteed Stock is a stock in a company for which another company or bank promises to pay dividends in case the issuing company defaults. It…

Guilt-Edged Securities Gilt-edged security is either a bond that a government issues or a bond that a top-quality company issues. It is the government stock…

Goodwill is an intangible asset that is associated with the purchase of one company by another. It is the good name of any business, which…

Forbearance is a refraining from the enforcement of something (such as a debt, right, or obligation) that is due. Forbearance, in the context of a…

A garnishee order is a common form of enforcing a judgment debt against a creditor to recover money. It is an order given by a…