Business

Convertible Preference Shares Convertible preference shares give the preference shareholders the right to convert their shares into a specified number of common shares. These shares…

Agricultural value chain finance Agricultural value chain finance is concerned with the flows of funds to and within a value chain to meet the needs…

An actuarial life table is a table that indicates the likelihood of a person of a particular age dying before their next birthday. It is…

The morbidity rate is an evaluation of the occurrence of an incident that makes it known or happens in a given population. In actuarial industries,…

The current market price of a security, currency, or product available for purchase/sale for immediate settlement is the spot price (or spot rate). In finance,…

Farm income refers to profits and losses that are incurred through the operation of a farm or agricultural business. Profit crop is an agricultural crop…

A dividend usually comes in the form of a transfer of cash that is paid to investors from the profits of the company. A business…

Year-to-date (YTD) is a period which is determined on the basis of the number of days from the beginning of the calendar year (or fiscal…

Revolving Credit A revolving credit account sets a credit limit—a maximum amount you can spend on that account. This refers to a kind of letter…

Transaction date is a term used to describe (successful or not) a certain day or time of the week when the transfer was completed. The…

Non-participating Preference Shares Preference shares having no right to participate in the surplus profits or any surplus on liquidation of the company are referred to…

Participating Preference Shares Participating preference share is where the issuing company is entitled to pay an increased dividend to the owners, in addition to preference…