Foreign Investment: Definition, How It Works, and Types.

Foreign Investment: How It Works, Types. What is the importance of foreign investment? Foreign investment is important for a number of reasons. Firstly, it can bring much-needed capital into a country. This can be used to finance infrastructure projects, expand businesses, and create jobs. Secondly, foreign investment can help to transfer technology and know-how to … Read more

Above Par.

The term “above par” is used to describe a bond that is trading at a price above its face value. For example, if a bond has a face value of $1,000 and is trading at a price of $1,100, it is said to be trading “above par.” This means that the bond is trading at … Read more

Checkbook.

A checkbook is a small book containing blank checks and a register for recording personal transactions. A checkbook is used to write checks for payment of various types of bills and for other purposes. What is CRR and SLR? The CRR (cash reserve ratio) is the percentage of deposits that banks are required to keep … Read more