Finance

Arbitrage is the strategy of taking advantage of price differences in different markets for the same asset. It is an operation in which a person…

Apportionment Apportionment means division into parts and it is used in accounts and insurance business. It is the act of sharing something between several people…

Annuity An annuity is a payment made to the insured annually. It is a financial product that pays out a fixed stream of payments to…

After Sight This means that the due date of the bill is to be counted at a specified period from the date of presentation of…

After Date It is used on a bill of exchange and it indicated that maturity of the bill will be calculated at a fixed period…

Ad valorem It means “according to value”; An ad valorem refers to customs duty imposed on certain articles having regard only to the value or…

Actuary Actuary refers to the name of a person who is an expert in the science of insurance. They are problem solvers and strategic thinkers…

Accommodation Bill An Accommodation Bill is one, which is drawn and accepted solely with the object of obtaining temporary financial accommodation by the process of…

BIMSTEC The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, (BIMSTEC) is a regional organization comprising seven Member States lying in the littoral…

Export processing zones, EPZs are created as open market oases within an economy that is dominated by distortionary trade, macro, and exchange rate regulations, and…

Bangladesh Standards and Testing Institution (BSTI), the only National Standards body of Bangladesh, is playing an important role in developing and promoting industrial Standardization. Keeping…

Bangladesh Standards and Testing Institution (BSTI), the only National Standards body of Bangladesh, is playing an important role in developing and promoting industrial Standardization. Keeping…