Md. Alamgir

What is a LIM? LIM is the short term loan provided by the bank to the importer against the pledge …

Read moreWhat is LIM (Loan Against Imported Merchandise)?

Revolving Loan: Revolving loan or revolving credit is the bank facility, where the bank sets the limit of the facility …

Read moreWhat is Revolving Loan?

 Definition of UPAS LC UPAS LC refers to “Usance Payable at Sight”, is the combination of Usance LC and UPAS …

Read moreUPAS Letter of Credit: Definition, Uses, Cost & Difference of UPAS and Usance LC..

Bank Guarantee (BG) becomes a very popular commercial tool in present business. The BG is used for several purposes, like, …

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Key Points Syndicated loan is offered by a group of lenders. Usually, large project use syndicate loan. Only one Sanction …

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What is Contra Entry?: Contra entry refers to transaction which affect both Cash and Bank simultaneously, i.e. Where debit and …

Read moreContra Entry in Accounting: Definition, Example etc.

What is Cloud Accounting? Cloud Accounting is one kind of online based accounting software which is hosted on a remote …

Read moreWhat is Cloud Accounting? Advantages and Disadvantages of cloud accounting.

Share Warrant Definition: Share Warrant is a document which is issued by a Public Listed Company (PLC) under its common …

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Wages and Salaries both are related with to payroll. Usually wages are paid in cash and disburse weekly. Again, Salaries …

Read moreWages & Salaries Audit Techniques

Key Points: The word Coupon represents “Interest.” Interest is not paid for the invested amount. The difference between discounted purchase …

Read moreZero-Coupon Bond: Definition, Formula, Example etc.