Accounting term for money payable within the current accounting year, on account of trade creditors, taxation, dividends, etc. To these are often added provisions, i.e. any charges or...
Current ratio measures a company’s current assets relative to its current liabilities. This gives an indication of its abilities to meet short-term liabilities; the higher the ratio, the...
A type of preference shares on which dividend accumulates if not paid. All arrears of preference dividend have to be paid out before paying dividend on equity shares.
123456789101. Which among the following acid is used to ascertain, whether pure Ghee has been adulterated with Vanaspati or Margarine?Sulphuric AcidNitric AcidHydrochloric AcidBoric Acid2. Who was the first...
Cross hedging is a risk-management strategy in which an investor or business uses a futures or options contract on one asset to hedge exposure to another, related asset...
Practice of using assets as back up or secondary collateral for debt other than the debt they are primarily pledged for. A network of cross collateralization may facilitate...
Credit rating agency means a body corporate which is engaged in, or proposes to be engaged in, the business of rating of securities offered by way of public...
The risk that a counterparty will not settle an obligation for full value, either when due or at any time thereafter. Credit risk includes pre-settlement risk (replacement cost...
A credit rating is an evaluation of the creditworthiness of a borrower, whether an individual, corporation, or government. It reflects the ability and likelihood of the borrower to...
