worldbanks.news

What is Adjustable Peg?-What is Affiliated company?-What is Agency Bank?-What is “Cloth Cap Banking”?-What is Agio?-What is Arbitrage?-What is Arbitrage Pricing Theory?-What is Arm’s Length Transaction?-What is Asset-Backed Security?

Q. What is Adjustable Peg?

A. Flexible system of fixing exchange rates where rate is allowed to vary within certain defined limits.
 

Q. What is Affiliated company?

A. Company or other organization related through common ownership, common control of management or owners or through some other control mechanism.
 

Q. What is Agency Bank?

A. A form of organization/company commonly uses by foreign Banks to enter the U.S market. An agency Bank cannot accept deposits or extends loans in its own name; it can act as agent for the parent or correspondent bank.
 

Q. What is “Cloth Cap Banking”?

A. Operation of banking account of “blue collar” i.e account of daily laborers, manual workers such factory employees of garments industry , jute mills or any other industry having manual workers.
 

Q. What is Agio?

A. Difference in value between one currency to another or one kind of money for another or one metallic money and its paper.
 

Q. What is Arbitrage?

A. Activities of dealers in foreign exchange transaction involving the simultaneous purchase in one market and sale at a different market with a profitable price or yield without risks..
 

Q. What is Arbitrage Pricing Theory?

A. An alternative model to the capital assets pricing model developed by Stephen Ross which based purely on arbitrage arguments.
 

Q. What is Arm’s Length Transaction?

A. Business Transaction among the parties, each of whom are very closely related. The transaction between following parties would not be considered arm’s length- a husband and wife, a father and son, an uncle and nephew, a corporation with one of its subsidiaries.
 

Q. What is Asset-Backed Security?

A. A security that is collateralized by loans, leases, receivables, or installment contracts on personal property, not real estate.

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