Kembara’s Financial Solutions – What is Amounts Differ?
Amount Differ is the words written or stamped on a bill of exchange or cheque by a banker who returns it unpaid from due to the amount in words differs from that in figures. Charge will be imposed if the banks returned the unpaid cheques.
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Kembara’s Financial Solutions – What is Amortizing Collar?
Amortizing collar is a collar for the interest rate on the reducing principal. Kembara’s Financial Solutions – What is Amortizing Cap ?
Amortization cap is an interest rate cap on a reducing principal. Kembara’s Financial Solutions – What is Amortization Schedule?
It is schedule where the specified amounts must be paid at a date for the repayment of the loan. Kembara’s Financial Solutions – What is Amortization?
In the United States of America, amortization is also known as depreciation. Amortization is the payment of debt in a series of installments over a period and includes the interest and part payment of the capital. Amortization is also considering an expense for the annual amount deemed to be wasted away from a fixed asset. An example includes the concept of leases. Leases are acquired for a given sum for a specified term at the end of which the lease will have no value. The cost of lease is divided with the number of years of its term and the result is considered as an annual charge against profit. A contribution to a sinking fund is also considered as amortization. Finally amortization also meant the spreading of the front end fee charged on taking out loan over the life for the loan. Kembara’s Financial Solutions – What is an AMEX?
AMEX is an abbreviation for American Stock Exchange. Kembara’s Financial Solutions – What is American Terms ?
American Terms is a quotation of an exchange rate in terms of how many US dollars can be exchanged for one unit of another currency. Kembara’s Financial Solutions – What is American Stock Exchange?
American Stock Exchange is now known as NYSE MKTC LLC after being acquired by NYSE Euronext in 2008. American Stock Exchange is a former stock exchange in New York. It is a place where the second tier securities were traded. It pioneered touch screen technology and established the first international link between primary equity markets with Toronto Stock Exchange 1985. The listing requirements on American Stock Exchange is less stringent than on New York Stock Exchange. Kembara’s Financial Solutions – What is American Depositary Receipt?
American Depositary Receipt is a receipt issued by the US bank to a member of the US public who purchased the shares in foreign country. The advantage of the American Depositary Receipt are that there is a reduction in the administration cost and also the avoidance of stamp duty on each transaction. The shares are denominated in the US dollar and can be traded in the US markets. Kembara’s Financial Solutions – What is Amalgamation?
Amalgamation is the combination of two or more companies which is effected by acquiring a company/ companies by another company or by the merging of two or more companies or when the existing companies dissolved and formation of new companies to take over the combined business. |
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