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Trading Terms

Drawee

The drawee is a crucial figure in the world of finance, whether for an individual or a business entity. This is the person or firm on whom a draft is drawn, with the responsibility of paying a specified amount to the payee or bearer, as instructed by the drawer. In cases of documentary collection, the drawee is usually the buyer. Understanding the role of the drawee is essential in navigating financial transactions.

Overshoot

As we delve into the world of finance, it is important to understand the concept of surpassing a predetermined benchmark. This means exceeding a particular threshold or leve...

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ISO 9000

As a finance professional, it is crucial to understand the significance of international production quality standards set by ISO (International Standards Organisation). Thes...

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Ratio

This is referred to as proportion Proportion, in finance, refers to the relationship between two quantities of the same nature in terms of size or numerical value. It is a ...

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Realized/Unrealized P/L

In the world of finance, there exists a key distinction between trading revenues. On one hand, we have those that are the result of offset and closure of positions. On the o...

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