Net Receivables
What are net receivables and why are they important
Net receivables are a company's outstanding accounts receivable minus any provisions for doubtful debts. In other...
Standby Letters of Credit
Getting a standby letter of credit
Getting a standby letter of credit (SLOC) is a popular option for international trade. This type of credit assures...
Renko Chart
What is a Renko Chart
A Renko chart is a type of Japanese candlestick chart that is used to predict price movements in the financial...
How To Make Your eCommerce Dreams Come True? Follow These Useful Guidelines
Starting your own eCommerce store can seem like a daunting task. But with the right guidance and advice, it can be a very achievable...
Dragonfly Doji Candlestick
Dragonfly Doji Candlestick
A dragonfly doji candlestick is a very useful chart pattern because it opens and closes at the same price. A bullish or...
Nonforfeiture Clause
What is a nonforfeiture clause and why do you need one in your life insurance policy
A nonforfeiture clause is a type of provision found...
Unsponsored ADR
What is an unsponsored ADR
An unsponsored American depositary receipt (ADR) is a financial instrument that trades in the U.S. markets and represents a foreign...
Uniform Simultaneous Death Act
What Is the Uniform Simultaneous Death Act?
In some states in the United States, there is a law known as the Uniform Simultaneous Death Act,...
Covered Interest Rate Parity
What is covered interest rate parity
Covered interest rate parity is an important concept in international finance. It states that the forward exchange rate between...
Exchange Control
What is Exchange Control
Exchange Control is a system that controls the flow of currency in and out of a country. It is usually put...