A negotiable instrument that instructs the bank to pay a particular amount of money from the writer’s bank, to the receiver is called
Which of the following is incorrect?
________is the simultaneous purchase and sale of two identical commodities or instruments. This simultaneous sale and purchase is done in order to take advantage of the price variations in two different markets.
Which of the following statement is incorrect?
What is a financial instrument?
______ is a strategy that is used to minimize the risk of a particular investment and maximize the returns of an investment.
A guarantee given by the lender that there will be no change in the quoted mortgage rates for a specified period of time, which is called the
_______is a technology where the banking organizations resort to the use of electronics, computers and other networks to execute transactions and transfer funds.
_________is a very wide term that is used in context with financial agreements and contracts.