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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.

Spring

In the world of finance, we often come across terms that may seem complex or confusing. Today, we will delve into the concept of a "bearish harami" pattern. This pattern occ...

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Closed Trades

In finance, we often come across the terms "liquidated" and "offset". These refer to the closing of a financial position, whether it be a stock, bond, or derivative contract...

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Bank guarantee

A demand guarantee is a contractual agreement between a bank acting as a guarantor and a beneficiary. It outlines the bank's commitment to pay a predetermined sum under spec...

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Advising bank

In the realm of finance, the term "advising bank" refers to the financial institution responsible for notifying the exporter of a newly opened credit in their favor. This ba...

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