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Financial Terms

Combating Financing of Terrorism

The concept of Combating Financing of Terrorism involves preventing the flow of funds through financial channels for illegal activities. This includes measures to prevent money laundering and terrorist financing. These efforts are guided by a framework of laws and regulations, both at the national and international levels.

Amortization

Amortization is a fundamental concept in finance that involves paying off a debt through regular, fixed payments over a set period of time. By adhering to a predetermined sc...

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Devaluation

This action is usually taken to achieve a more favorable balance of trade and increase competitiveness in the international market. Devaluation, a term often used in the wo...

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Anti-money Laundering

Anti-money laundering (AML) entails transforming illicit funds into legitimate assets through the establishment of valid documentation, thus constituting a financial offense. ...

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Capital Asset

In the realm of finance, the term capital asset refers to any property that is owned by an individual or entity. This can encompass a wide range of assets, including but not...

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