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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]
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 ...
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 ...
This is a list of abbreviations used in a business or financial ... $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600 ...
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]
United Nations map of the Line of Control. The LoC is not defined near Siachen Glacier.. The Line of Control (LoC) is a military control line between the Indian- and Pakistani-controlled parts of the former princely state of Jammu and Kashmir—a line which does not constitute a legally recognized international boundary, but serves as the de facto border.
In finance, the style or family of an option is the class into which the option falls, usually defined by the dates on which the option may be exercised. The vast majority of options are either European or American (style) options. These options—as well as others where the payoff is calculated similarly—are referred to as "vanilla options".
A lakh (/ l æ k, l ɑː k /; abbreviated L; sometimes written lac [1]) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 10 5). [ 1 ] [ 2 ] In the Indian 2, 2, 3 convention of digit grouping , it is written as 1,00,000. [ 3 ]