Medi Assist Healthcare IPO

Home Trading Terms

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Trading Terms

Special documentary credit liability (SPECIAL DOC L/C)

As we delve into the world of finance, it's important to understand the concept of documentary credits. These credits may offer the option for a negotiable set of documents to be sent directly to the customer and the bank or branch involved. This means that the customer could gain possession of the goods before making payment. However, this also means that the customer is directly liable for the goods from the moment the credit is established. It's crucial to be aware of this potential responsibility when dealing with documentary credits.

Neckline

In finance, a trendline is a visual tool that connects the support or resistance points of different patterns, such as head and shoulder or double and triple top/bottom form...

More

Due date

The maturity date refers to the specific day on which a bill of exchange or any other financial instrument must be paid in full. This deadline is predetermined and is typica...

More

Discretionary Account

A discretionary account is an arrangement where a broker or trader can make transactions on your behalf without prior notification. This is only allowed after you have signe...

More

Security Holdings

As a knowledgeable professor of finance, it is crucial to understand the concept of security holdings. These are essentially the securities that have been bought or sold by ...

More