Tag: bank

Short-Term Debt definition explanation

What is Short-Term Debt?
An account shown in the current liabilities portion of a company’s balance sheet. This account is comprised of any debt incurred by a company that is due within one year. The debt in this account is usually made up of short-term bank loans taken out by a company. Read more for examples and further explanation including related video clips and also comments
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Inbound Cash Flow definition explanation

What is Inbound Cash Flow?
Any currency that a company or individual receives through conducting a transaction with another party. Inbound cash flow can include sales revenue generated through business operations, refunds received from suppliers, financing transactions and amounts won through legal proceedings. Read more for examples and further explanation including related video clips and also comments
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Accounting and Auditing Organization for Islamic Financial Institutions – AAOIFI definition explanation

What is Accounting and Auditing Organization for Islamic Financial Institutions – AAOIFI?
A not-for-profit organization that was established to maintain and promote Shariah standards for Islamic financial institutions, participants and the overall industry. The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) was created on February 26, 1990 to ensure that participants conform to the regulations set out in Islamic finance.

The founding and associate members, as well as the regulatory and supervisory authorities of the AAOIFI, define the acceptable standards for various functions. This includes areas such as accounting, governance, ethics, transactions and investment. Read more for examples and further explanation including related video clips and also comments
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SHP (Saint Helena Pound) definition explanation

What is SHP (Saint Helena Pound)?
The currency abbreviation for the Saint Helena pound (SHP), the currency for Saint Helena and Ascension Island. The Saint Helena pound is made up of 100 pence and is often presented with the symbol £. Saint Helena and Ascension Island are British overseas territories. Read more for examples and further explanation including related video clips and also comments
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Forex Market Hours definition explanation

What is Forex Market Hours?
The hours during which forex market participants are able to buy, sell, exchange and speculate on currencies. The forex market is open 24 hours a day, five days a week. International currency markets are made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors around the world. Because this market operates in multiple time zones, it can be accessed at almost any time. Read more for examples and further explanation including related video clips and also comments
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BZD (Belize Dollar) definition explanation

What is BZD (Belize Dollar)?
The currency abbreviation for the Belize dollar (BZD), the currency for Belize. The Belize dollar is made up of 100 cents and is often presented with the symbol BZ$. Belize’s dollar has been pegged to the U.S. dollar since May 1976 at 2:1. The Central Bank of Belize manages the nation’s foreign reserves. Read more for examples and further explanation including related video clips and also comments
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Monetarism definition explanation

What is Monetarism?
A set of views based on the belief that inflation depends on how much money the government prints. It is closely associated with Milton Friedman, who argued, based on the quantity theory of money, that the government should keep the money supply fairly steady, expanding it slightly each year mainly to allow for the natural growth of the economy. Read more for examples and further explanation including related video clips and also comments
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