Types of Debentures | Based on Different Aspects

Types of Debentures: Debentures are customised according to investor’s interest, convenience as well as the company’s requirements. An investor can choose any types of debentures to invest according to their expectation of profit, ability to take risks, tenure of investment and future plans perspectives. Debentures are classified on the basis of its redemption date, conversion … Read more

Debentures | Meaning | Advantages and Disadvantages

Any business entities whether it is small or large companies require funds to expand and run smoothly their organisations to other regions/ territory. There are many debt instruments available to fulfil their requirements of working capital funds. Debentures are one of those debt instruments so let us explain what does it means. Debenture Meaning and … Read more

Balance of Payment (BOP) | Meaning, Definition | Components

Balance of Payment (BOP): “A Balance of Payment (BOP) of a country refers to an account that records each monetary transactions between the residents of that country and all other countries during a stipulated period of time. These monetary transactions/ economic transactions can be done by an individual, enterprises, or government of the country”. In … Read more

7 Key Difference Between Bill of Exchange and Promissory Note

difference between bill of exchange and promissory notes

Although both Bill of exchange and Promissory Note is the negotiable instruments which facilitate the exporter and importer (buyer/ supplier) during a business deal yet there are few key differences which you need to clarify. The major hurdle is the trustworthiness of either party while entering any contract of international or domestic trade (purchase or … Read more