Kembara’s Financial Solutions – What is Agricultural Bank?
Agricultural bank is also known as land bank. It is a credit bank established specifically to assist agricultural development by granting loans for longer periods than is usual with commercial banks.
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Kembara’s Financial Solutions – What is Agreement Value?
Agreement value is the value of the swap in the event of early termination Kembara’s Financial Solutions – What is Agreed Value Policy?
An insurance policy where the sum to be paid out under any claim is set out in the policy agreement. Kembara’s Financial Solutions – What is Hostile Bid?
Hostile bid is a takeover bid which is not welcomed or supported by the majority of the shareholders of the target company. Kembara’s Financial Solutions – What is Agreed Bid?
Agreed bid is a takeover bid which is supported by a majority of the shareholders of the target company. Kembara’s Financial Solutions – What is Agio?
Agio means the fee charged by bank or financial institution. The fee is for the services of changing one form of money into another form such as one currency to another or coins to notes. Kembara’s Financial Solutions – What is Aggregator?
Aggregator is a firm which collates and present information. The information include individual’s bank accounts, insurance policies and investments. The purpose is so that the person concerned able to manage his financial affairs based on a single website. Kembara’s Financial Solutions – What is Aggregation?
Aggregation is the netting of liabilities and assets due to a particular counterparty. Kembara’s Financial Solutions – What is Age Relief?
Age relief is an additional personal allowance which is set against income for the income tax purposes for those who were born before 6th April 1948 in the UK. For those who born before 6 April 1938 there is an additional allowance and married couple’s allowance for those who were born before 6th April 1935. Kembara’s Financial Solutions – What is Agent de change?
Agent de Change is a securities house or stock broker on the Paris Bourse. |
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