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Letter of Credit (LC) is a letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for…

Program (or Project) Evaluation and Review Technique (PERT) – PERT is an acronym for Program (Project) Evaluation and Review Technique, in which planning, scheduling, organizing,…

Massicot is lead (II) oxide mineral with an orthorhombic lattice structure. It is a yellow form of lead monoxide, used as a pigment. It is…

The Temple of Olympian Zeus (Greek: Ναός του Ολυμπίου Διός, Naós tou Olympíou Diós), is a former colossal temple at the center of the Greek…

A mutual company is a private firm that is owned by its customers or policyholders. A mutual insurance company is an insurance company owned entirely…

Athens (/ˈæθɪnz/ ATH-inz; Greek: Αθήνα, romanized: Athína (aˈθina); Ancient Greek: Ἀθῆναι, romanized: Athênai (pl.) (atʰɛ̂ːnai̯)) is a historic city and capital of Greece. Many of…

Co-operative banks are the banks whose main objective is to provide financial assistance to economically weaker sections of the society. Cooperative banking is retail and…

Net Present Value (NPV) is one of the discounted cash flow techniques used in capital budgeting to determine the viability of a project or an…

A mutual organization (or mutual society) is a company or business owned by a group of members who are stockholders in the company. It is…

Humanism is a philosophy, world view, or life stance based on the naturalism-the conviction that the universe or nature is all that exists or is…

Liquidity risk is the risk that a company or bank may be unable to meet short term financial demands. It is a financial risk that…

Humanism is a rational philosophy informed by science, inspired by art, and motivated by compassion. Affirming the dignity of each human being, it supports the…