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...
Practice of altering the risk characteristic of a predetermined position in one cash good by taking out a position in a future or forward contract which is based...
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...
Credit ratings measure a borrower’s creditworthiness and provide an international framework for comparing the credit quality of issuers and rated debt securities. Rating agencies allocate three kinds of...
