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Commodity

CIF

(CIF) is a trade term used in international commerce where the seller is responsible for organizing and paying for transportation of goods to the buyer's chosen port of destination. This includes the cost of the goods, freight charges, and marine insurance.

As a professor of finance, it is important to understand the various trade terms used in international commerce. One such term is Cost, Insurance & Freight (CIF), which refers to the seller's responsibility of arranging and covering the expenses for transporting goods to the buyer's selected port. This includes the cost of the goods, freight charges, and marine insurance. Familiarizing oneself with these terms is crucial in the world of finance and global trade.

Unique Client Code

Exchange members are assigned a unique code that contains information about their clients. This code provides comprehensive details about the clients, allowing members to ha...

This is typically done through the use of cash settlements. In the world of finance, we often come across the term "differential." It refers to the level of modification al...

The Forward Market Commission serves as the governing body for commodity futures trading in India. It works to ensure fair and transparent price discovery in the market, whi...

Beneficiary Account

A beneficiary account, much like a bank account, is a Demat account that can be held by an individual or a corporate entity. It can also be held jointly by multiple parties,...

An assayer, be it an individual or an institution, plays a crucial role in the financial market. They possess the authority to certify and grade the commodities exchanged in...

Aggregation refers to the state of ownership/control over all futures positions on behalf of a group. It involves the consolidation of futures positions by a person or enti...

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Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

Trading Terms

Trading Terms encompass terminology and phrases commonly used in financial markets, including terms

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

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