Merrili

What Is a Non-Interest-Bearing Current Liability (NIBCL)?

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A non-interest-bearing current liability (NIBCL) is a current liability that does not accrue interest. This type of liability is typically used to finance the operations of a business. The most common examples of NIBCLs are accounts payable and taxes payable. NIBCLs are different from other types of current liabilities, such as loans and credit card … Read more

Financial Risk Manager (FRM).

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A financial risk manager (FRM) is a professional who specializes in identifying, assessing, and managing financial risks. Financial risks can come from a variety of sources, including investments, lending, and market fluctuations. FRMs use a variety of tools to manage risk, including financial analysis, hedging, and derivative instruments. Is FRM globally Recognised? FRM is globally … Read more