Trading Terms

Recourse

A bill of exchange entitles the holder to demand payment from someone other than the initial acceptor, known as the right of recourse. This can be done through endorsement, which may or may not hold the endorser liable. A holder can endorse a bill without recourse, relieving themselves of any liability to subsequent holders.

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Arbitrator

Understand the meaning and definition of Arbitrator in the context of stock market, trading, and investments.

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Bank to bank payment

Understand the meaning and definition of Bank to bank payment in the context of stock market, trading, and investments.

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Dock receipt

Understand the meaning and definition of Dock receipt in the context of stock market, trading, and investments.

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Acceptance credit

Understand the meaning and definition of Acceptance credit in the context of stock market, trading, and investments.

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Demerger

Understand the meaning and definition of Demerger in the context of stock market, trading, and investments.

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Offered (selling) rate

Understand the meaning and definition of Offered (selling) rate in the context of stock market, trading, and investments.

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