Financial Analysis
International Fianance
Accounting Principles
Risk Management
Banking & Finance
100
An item of value that is bought and sold in a marketplace, such as soybeans, silver, or coffee
What is commodity?
100
A contract that grants the buyer the right, but not the obligation, to buy or sell a given currency at a specified exchange rate during a specified period of time
What is a currency option?
100
The action or process of keeping financial accounts
What is accounting?
100
The chance of injury, damage, or economic loss
What is risk?
100
An automated teller machine (ATM) is an electronic banking outlet, which allows customers to complete basic transactions without the aid of a branch representative or teller. There are two primary types of automated teller machines, or ATMs
What is an ATM?
200
A large loan payment that is much higher than the other payments and that must be paid at a set time, often as the last loan payment
What is balloon payment?
200
A governmental restriction on the movement of currency between countries
What is exchange control?
200
The equation that is the foundation of double entry accounting. The accounting equation displays that all assets are either financed by borrowing money or paying with the money of the company's shareholders. Thus, the accounting equation is: Assets = Liabilities + Shareholder Equity
What is accounting equation?
200
The chance that macroeconomic conditions like exchange rates, government regulation, or political stability will affect an investment, usually one in a foreign country.
What is economic risk?
200
Capital market is a market where buyers and sellers engage in trade of financial securities like bonds, stocks, etc. The buying/selling is undertaken by participants such as individuals and institutions
What is a capital market?
300
A company's report to stockholders about the financial position of the company
What is an annual report?
300
The value of one currency for the purpose of conversion to another.
What is exchange rate?
300
A Bank reconciliation is a process that explains the difference between the bank balance shown in an organization's bank statement, as supplied by the bank, and the corresponding amount shown in the organization's own [accounting] records at a particular point of time
What is bank reconciliation?
300
Also called absolute risk, is a category of threat that is beyond human control and has only one possible outcome: loss. Pure risk includes such things as natural disasters, fire or untimely death
What is pure risk?
300
A commercial loan is a debt-based funding arrangement between a business and a financial institution, typically used to fund major capital expenditures and or cover operational costs that the company may otherwise be unable to afford
What is commercial lending?
400
A method of computing finance chargers in which interest is calculated using the average outstanding daily balance for the billing cycle.
What is average daily balance method?
400
A floating exchange rate or fluctuating exchange rate is a type of exchange-rate regime in which a currency's value is allowed to fluctuate in response to foreign-exchange market mechanisms. A currency that uses a floating exchange rate is known as a floating currency
What is floating exchange rate?
400
A reduction in the value of an asset with the passage of time, due in particular to wear and tear
What is depreciation?
400
A category of risk that can be taken on voluntarily and will either result in a profit or loss. All speculative risks are undertaken as a result of a conscious choice
What is speculative risk?
400
The Federal Reserve System (FRS) is the central bank of the United States. The Fed, as it is commonly known, regulates the U.S. monetary and financial system
What is the Federal Reserve System?
500
A type of bankruptcy, also known as straight bankruptcy, in which the debtor gives up property and has debts discahrged
What is liquidation?
500
In finance, an exchange rate (also known as a foreign-exchange rate, forex rate, FX rate or Agio) between two currencies is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country's currency in terms of another currency.
What is foreign eschange?
500
Assets that are purchased for long-term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment
What is a fixed asset?
500
A liability is a legally binding obligation payable to another entity. Liabilities are incurred in order to fund the ongoing activities of a business. Examples of liabilities are accounts payable, accrued expenses, wages payable, and taxes
What is liability?
500
The trade in short-term loans between banks and other financial institutions
What is money markets?