Search results for: “financial loss”
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Financial Risk
The risk borne by an exporter that his foreign customer may be unable or unwilling to pay for the merchandise purchased; the financial risk relates purely to commercial considerations and not to such "political" risks as expropriation or inconvertibility of currency….
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Financial Crime
Financial Crime Money laundering and terrorism financing are the two most common forms of financial crimes in developing countries. In recent years, worldwide efforts to combat these financial crimes have assumed heightened importance and gained greater visibility. These are global problems that not only threaten security, but also undermine economic prosperity by compromising the stability,…
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Financial Crime
Financial Crime Money laundering and terrorism financing are the two most common forms of financial crimes in developing countries. In recent years, worldwide efforts to combat these financial crimes have assumed heightened importance and gained greater visibility. These are global problems that not only threaten security, but also undermine economic prosperity by compromising the stability,…
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Loss Payee
A person or firm named in an insurance policy to receive the proceeds of a claim settlement. Very often the loss payee is a bank or other financial institution with a financial interest in the goods insured….
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Financial Accounting Standards Board Statement No 52
A set of accounting rules governing offshore and multicurrency transactions, adopted in 1981 and mandatory for use by December 15, 1984. FASB 52 replaces Financial Accounting Standards Board Statement No. 8 (read this and re…
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Liquidation
In the United States For information about Liquidation in the context of international trade, click here
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Operating Result
Hierarchical Display of Operating result Business And Competition > Accounting > Accounting Operating result Concept of Operating result See the dictionary definition of Operating result. Characteristics of Operating result [rtbs name=”xxx-xxx”] Resources Translation of Operating result […]
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Cybercrime
Cybercrime is one of the fastest-growing criminal activities on the planet. Cybercrime is defined as the use of any computer network for crime and the high-tech criminals of the digital age have not been slow to spot the opportunities. The scope of the definition becomes even larger with […]