Assets

In this article we will discuss about:- 1. Meaning of Letter of Credit (LC) 2. Parties Involved in the Letter of Credit (LC) 3. Types 4. Amendment of the Terms 5. Documents 6. Assessment of Exposure 7. Quantitative Assessment. Meaning of Letter of Credit (LC): Letter of credit is a letter issued by a bank at …

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An asset class is a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations. Asset classes are made up of instruments which often behave similarly to one another in the marketplace. Historically, the three main asset classes have been equities (stocks), fixed income (bonds), and cash equivalent or money market instruments. Currently, most investment …

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