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UN map showing Siachen in white. Line between the green and white area is the "Actual Ground Position Line" (AGPL). The white area east of the AGPL is held by India. Indo-Pak mutually-agreed undisputed "International Border" (IB) in the black line, Indo-Pak "Line of Control" (LoC) in black dotted line in the north and west, Indo-Sino "Line of Actual" (LAC) in black dotted line in the east ...
A line of credit is a credit facility extended by a bank or other financial institution to a government, business or individual customer that enables the customer to draw on the facility when the customer needs funds. A financial institution makes available an amount of credit to a business or consumer during a specified period of time. [1]
The LAC is different from the borders claimed by each country in the Sino-Indian border dispute. The Indian claims include the entire Aksai Chin region and the Chinese claims include Arunachal Pradesh/Zangnan. These claims are not included in the concept of "actual control". The LAC is generally divided into three sectors: [5] [9]
Critically, in assessing a company's financial position (and reading its balance sheet), COE is distinguished from CAPEX, or costs associated with Capital Expenditures. [ 7 ] [ 8 ] Ke is most often used in the Capital Asset Pricing Model (CAPM), in which Ke = Rf + ß(Rm-Rf).
In many cases, the choice between fixed and variable rates will be a choice between products. Learn more about the difference between fixed and variable rates , and the ways they affect how you ...
Image 1: After a contract is concluded between a buyer and a seller, the buyer's bank supplies a letter of credit to the seller. Image 2: The seller consigns the goods to a carrier in exchange for a bill of lading. Image 3: The seller provides the bill of lading to the bank in exchange for payment. The seller's bank then provides the bill to ...
2 . Blaze Pizza. People love Blaze, and a big part of what makes its pizza top-tier is the dough and how it's made.The founders, Rick and Elise Wetzel previously ran Wetzel’s Pretzels, so they ...
A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and financial institutions can facilitate these transactions by financing the trade. Trade finance manifests itself in the form of letters of credit (LOC), guarantees, or insurance, and is usually provided by intermediaries. [1]