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  2. Hire purchase - Wikipedia

    en.wikipedia.org/wiki/Hire_purchase

    Hire purchase A hire purchase ( HP ), [ 1 ] also known as an installment plan , is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.

  3. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period (usually somewhere between 24 and 48 months), leaving a final balloon payment to be made at the end of the ...

  4. Hire Purchase under Shirkatul Melk - Wikipedia

    en.wikipedia.org/wiki/Hire_Purchase_under_Shirk...

    Hire Purchase under Shirkatul Melk (HPSM) is a type of hire purchase contract which has been developed through practice and approved in Shariah. The term is used in Islamic banking. It is a synthesis of three contracts: shirkat, ijarah and sale. Under this mode, banks supply goods on rental basis.

  5. Shorting Stocks 101 - AOL

    www.aol.com/2012/04/10/shorting-stocks-101

    The concept of shorting stocks is often misunderstood by retail investors like you and me. Shorting can be demonized by companies, politicians, and commentators when it contributes to bringing a ...

  6. Functional block diagram - Wikipedia

    en.wikipedia.org/wiki/Functional_block_diagram

    A functional block diagram, in systems engineering and software engineering, is a block diagram that describes the functions and interrelationships of a system. The functional block diagram can picture: [1] functions of a system pictured by blocks; input and output elements of a block pictured with lines; the relationships between the functions ...

  7. Procure-to-pay - Wikipedia

    en.wikipedia.org/wiki/Procure-to-pay

    As with any system that touches a significant number of users, implementing a procure-to-pay system requires significant knowledge of the as-is business processes as well as the to-be. Change management is a key component in implementing a procure-to-pay solution. According to Deloitte, a few procure-to-pay challenges which ultimately impair ...

  8. Talk:Hire purchase - Wikipedia

    en.wikipedia.org/wiki/Talk:Hire_purchase

    This particular page is about the Hire Purchase system, which is not a universal financing system. In the U.S., for instance, we use the term Installment Plan, which has different meaning, giving the "hirer" less rights than the Hire Purchase system does. Chainsol 14:42, 3 October 2011 (UTC)-Derp, messed up formatting

  9. Cash-flow diagram - Wikipedia

    en.wikipedia.org/wiki/Cash-flow_diagram

    A cash-flow diagram is a financial tool used to represent the cashflows associated with a security, "project", or business. As per the graphics, cash flow diagrams are widely used in structuring and analyzing securities, particularly swaps .