Medi Assist Healthcare IPO

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Trading Terms

Acceptance credit

In the world of finance, there exists a form of credit known as a documentary credit. One of the requirements for this type of credit is the provision of a term bill of exchange. This bill is typically accepted or discounted by the bank it is drawn on. Through this process, the beneficiary is able to receive prompt payment at a discounted rate.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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Investments that provide regular, fixed payments, such as bonds and treasury bills.
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