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  2. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).

  3. Finite difference methods for option pricing - Wikipedia

    en.wikipedia.org/wiki/Finite_difference_methods...

    In general, finite difference methods are used to price options by approximating the (continuous-time) differential equation that describes how an option price evolves over time by a set of (discrete-time) difference equations. The discrete difference equations may then be solved iteratively to calculate a price for the option. [4]

  4. Non-deliverable forward - Wikipedia

    en.wikipedia.org/wiki/Non-deliverable_forward

    In finance, a non-deliverable forward (NDF) is an outright forward or futures contract in which counterparties settle the difference between the contracted NDF price or rate and the prevailing spot price or rate on an agreed notional amount. It is used in various markets such as foreign exchange and commodities.

  5. National Finance Commission Award - Wikipedia

    en.wikipedia.org/wiki/National_Finance...

    The National Finance Commission Award or NFC is a series of planned economic programs in Pakistan enacted since 1951. [1] Constituted under the Article 160 of the Constitution, the program was emerged to take control of financial imbalances and equally managed the financial resources to four provinces to meet their expenditure liabilities while alleviating the horizontal fiscal imbalances. [2]

  6. Profit and loss sharing - Wikipedia

    en.wikipedia.org/wiki/Profit_and_loss_sharing

    On the liability side, Feisal Khan argues there is a "long established consensus" that debt finance is superior to equity investment (PLS being equity investment) because of the "information asymmetry" between the financier/investor and borrower/entrepreneur – the financier/investor needing to accurately determine the credit-worthiness of the ...

  7. Sukuk - Wikipedia

    en.wikipedia.org/wiki/Sukuk

    Sukuk (Arabic: صكوك, romanized: ṣukūk; plural [a] of Arabic: صك, romanized: ṣakk, lit. 'legal instrument, deed, cheque') is the Arabic name for financial certificates, also commonly referred to as "sharia compliant" bonds.

  8. Cash - Wikipedia

    en.wikipedia.org/wiki/Cash

    The English word cash originally meant ' money box ', and later came to have a secondary meaning ' money '.This secondary usage became the sole meaning in the 18th century. The word cash comes from the Middle French caisse ' money box ', which comes from the Old Italian cassa, and ultimately from the Latin capsa ' b

  9. Islamic finance products, services and contracts - Wikipedia

    en.wikipedia.org/wiki/Islamic_finance_products...

    And according to a Malaysian source, the main difference between BBA (short for bai'-bithaman ajil) and murabaha—at least as practiced in Malaysia—is that murabaha is used for medium and short term financing and BBA for longer term. [95] Bai' al 'inah (sale and buy-back agreement) The Faisal Islamic Bank in Khartoum.