Kembara’s Financial Solutions – What is an Advisory Funds?
Advisory funds are funds which are placed in the intermediary. The intermediary has full discretion with regards to investments.
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Kembara’s Financial Solutions – What is an Advising Broker?
Advising broker is a broker.The broker involves in giving advice concerning share investments. Kembara’s Financial Solutions – What is an Advising Bank?
Advising bank is a bank in the exporter’s own country. The advising bank informs the exporter that a letter of credit has been opened in the foreign bank. Kembara’s Financial Solutions – What is Advise Fate?
It is a request by the collecting bank. The collecting bank wishes to know whether a cheque will be paid on its receipt by the paying bank as soon as possible. The cheque is bypassing the clearing system and sent directly. The fate should be asked immediately. Kembara’s Financial Solutions – What is an Advised Line of Credit?
Advised line of credit is a confirmation from a bank or lender of the specific availability of credit line to customer. Kembara’s Financial Solutions – What is an Advice on Acceptance?
Advice on acceptance is an acknowledgement from a collecting bank to the back form which the collection was received. It details the transfer of the funds and confirms that the collection has been made. It also gives details about any deductions or charges. Kembara’s Financial Solutions – What is an Adverse Selection?
It is the tendency for the risky customers to demand insurance products and loans which exempt them from disclosing their status. As a result, seller often raised the premiums to exclude such high risk customers. Kembara’s Financial Solutions – What is and Adverse Opinion?
Adverse opinion is an opinion which is expressed in the auditors’ report. It stated that the financial statements do not give true and fair view of the activities of the organization. Mostly commonly happens when there is an agreement between the directors and auditors. The auditors consider that the disagreement so pervasive and material and the financial statements are misleading. Kembara’s Financial Solutions – What is an Adverse Balance?
Adverse balance is a deficit on an account. It is commonly present in a balance of payments accounts. Kembara’s Financial Solutions – What is an Adventure?
An adventure is commercial trading mostly with oversea trading which is speculative in nature. |
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