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Trading Terms

Business day and non-business day

A business day is any day that is not a non-business day. This includes weekdays, typically Monday through Friday. On the other hand, a non-business day refers to any Saturday or Sunday, as well as bank holidays that are not considered part holidays under 'The Banking Act 1908'. This also includes any day where a bank's premises are not open for business. Understanding these terms is crucial for navigating the financial world with ease.

Contingency insurance (or difference in conditions)

Greetings, students! Today, we will be discussing the concept of contingency insurance in international transactions. As you may know, when two parties engage in an internat...

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Initial Public Offering

A stock becomes available for public purchase through the process of an initial public offering (IPO). This is when a company decides to raise funds by offering shares of it...

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SIP

This strategy allows for cost averaging, as the same amount of money is invested regardless of market fluctuations. It is a popular and effective way to build long-term wealt...

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Bar Chart

Bar charts are a common tool in finance that visually represent the fluctuation of prices over a given period of time. These charts consist of vertical bars that show the hi...

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