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economy

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SECURISATION

SECURISATION Securisation is a phenomenon according to which it is cheaper and more convenient for the borrowers to issue securities rather than to borrow money from the banks. Some of the bank’s borrowers raise money in securities markets.
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Dairy - Milch breeds (Gir, Hallikar, Godavari)

This section will give you detailed and exhaustive information about the animal husbandry topic you have selected. The information is categorised into various subheads. Depending on the nature of the information you require, just click on the rele
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MICROECONOMICS AND MACROECONOMICS

MICROECONOMICS AND MACROECONOMICS People involved in economic activities who want to start and run successfully their own businesses must understand both microeconomics and macroeconomics so that they may make sound economic decisions. Mi
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Money and Finance - A history of money – what makes the world go round

Money and Finance A history of money – what makes the world go round Money – it jingles in your pocket, it rustles in your wallet and it clinks in your piggy-bank. Money makes the world go round, but what’s it? It’s a store of va
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FUNCTIONS OF COMMERCE

FUNCTIONS  OF  COMMERCE      Commerce as a human activity is essentially the moving of goods from the seller to the buyer, namely the exchange and distribution of goods and services. As the goods are almost always produced far away from th
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MONEY MARKETS

MONEY MARKETS In the last decades, one may speak about a globalization of the economic activity of the European countries. Trade, production and investment have become more international. The new market has facilitated the settlement o
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WHAT IS A FRANCHISE

WHAT IS A FRANCHISE? Although owning your own business has proved to be rather risky, many people prefer to work fourteen hours a day, seven days a week for themselves than eight hours a day, five days a week for a large corporation. Theref
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EUROMARKETS

EUROMARKETS Euro is the currency used by the EU countries, so, the market the Euro is used for, can be named Euro market. It has in view all the transactions done by the banks in Euro currencies, Euro-notes, Euro commercial papers, Euro
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TWO BASIC CONCEPTS IN FINANCE - ASSETS AND LIABILITIES

TWO BASIC CONCEPTS IN FINANCE - ASSETS AND LIABILITIES Finance is the management function through which money is effectively obtained and used. Managing a company's finances means thinking in terms of two opposite categories: assets and l
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Indian Constitution - PREAMBLE OF INDIA

Indian Constitution CONSTITUTION OF INDIA The Constitution of India was drafted by the Constituent Assembly. The Constituent Assembly held its first sitting on the 9th December, 1946. It reassembled on the
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BANKING RISK MANAGEMENT

BANKING RISK MANAGEMENT   All the businesses are confronting themselves with macroeconomic and microeconomic risks; the former are including different effects of recession, for example, while the latter have in view competitive threats.
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AN EXPORT TRANSACTION

AN EXPORT TRANSACTION  When an exporter receives an order from an old customer, the exporter first acknowledges it. If the price and terms are satisfactory and the goods do exist in stock, they are packed and made ready for dispatch. When t
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THE BANKING SYSTEM (1)

THE BANKING SYSTEM (1) Banking and financial market operations involve special institutions and financial markets; they act within a legislative framework and offer specialized services to individuals, companies, governments. Let’s present
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THE EURO

THE EURO It is a strategic and technical challenge for the European nations, members of the European Union. The Euro assures currency stability and an advance towards European integration. The business has eliminated the exchange risk;
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Writing a business proposal to get a contract or close a deal

Writing a business proposal to get a contract or close a deal In my experience as a web designer, I've found that in many cases, I'm not the only person vying for the job. At the end of the day, the firm or individual in question has to make a
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Banking and taxation - Types of banks

Banking and taxation ·         Vocabulary Match up these terms with the definitions below. Cash card        cash dispenser credit card       home banking Loan    mortgage         overdr
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WHAT IS BUSINESS

WHAT IS BUSINESS? In recent years, Western countries have been going through major changes. After a period of 25 yeas following World War II in which these countries enjoyed unprecedented growth and prosperity, some economic difficulties ap
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FINANCIAL MARKETS

FINANCIAL MARKETS One of the most important financial markets is represented by the stock exchange And the most famous one is the one existing in London. The exchange has a dominant position in international equity trading, particul
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METHODS OF PAYMENT IN FOREIGN TRADE

METHODS   OF  PAYMENT    IN  FOREIGN TRADE For the payment of debts and settlement of accounts in the foreign trade, both the organization and instruments are provided by the banks with their branches and correspondents all over the globe.
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ANALISYS OF FINANCIAL PERFORMANCE

ANALISYS OF FINANCIAL PERFORMANCE The income statement (I.S.) or Profit and Loss Account (P&L) The measurement of profit is probably the most important function of accounting. Investors, managers, bankers and others are
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