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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.

Commodity Index

The commodities included in the index can range from agricultural products to energy resources. A Commodity Index is a vital tool in the world of finance, used to track the ...

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...

Precious metal bars, commonly known for their standardized sizes, are physical representations of valuable commodities. These bars, made of gold, silver, and other precious ...

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...

Freightex, a prominent index on NCDEX, serves as a benchmark for the freight rates per tonne on heavily trafficked routes spanning 1000 kilometers. This index provides a com...

The Bureau of Indian Standards, also known as BIS, is a national organization that sets and maintains quality standards in various industries in India. It was established in...

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Financial Terms

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

Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Options and Futures

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

Credit Cards

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

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Retirement Planning

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

Financial Instruments

Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various

IPO

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

Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

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