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please define the "in-house financing"
glossary FAQ: glossary.
T. O. From Middlesbrough, United Kingdom
17 December, 2009
an "in-house financing " is A type of seller financing in which a firm extends customers a loan, allowing them to purchase its goods or services. In-house financing eliminates the firm's reliance on the financial sector for providing the customer with funds to complete a transaction.
The automobile sales industry is a prominent user of in-house financing. Many vehicle sales rely on the buyer taking a loan, in-house financing allows the firm to complete more deals by accepting more customers. Whereas banks or other financial intermediaries might turn down a loan application, car dealerships can choose to lend to customers with poor credit ratings. Visit FX club
do you know what "bank bill" is?
glossary FAQ: glossary.
Ariel B. From United States
12 October, 2009
a "bank bill " is A bill of exchange issued or accepted by a bank. As the risk is less than with a normal trade bill, so is the discount. Visit FOREX.com
what is a "securities and investments board"?
glossary FAQ: glossary.
Ellen V. From Dublin, Ireland
09 December, 2008
A private limited company formerly reporting to the Chancellor of the Exchequer with responsibility for the regulation of the UK investment market in accordance with the Financial Services Act 1986. It was replaced by the Financial Services Authority (FSA Visit ODL Securities Inc.
please define an "enterprise resource planning"
glossary FAQ: glossary.
F. Lee from Schaerbeek, Belgium
26 March, 2009
an "enterprise resource planning " is A process by which a company (often a manufacturer) manages and integrates the important parts of its business. An ERP management information system integrates areas such as planning, purchasing, inventory, sales, marketing, finance, human resources, etc.
ERP is most frequently used in the context of software. As the methodology has become more popular, large software applications have been developed to help companies implement ERP in their organization.
Think of ERP as the glue that binds the different computer systems for a large organization. Typically each department would have their own system optimized for that division's particular tasks. With ERP, each department still has their own system, but they can communicate and share information easier with the rest of the company. Visit AVA FX
what is "depressed"?
glossary FAQ: glossary.
Reed B. From Brugge, Belgium
12 December, 2009
the "depressed " is A description of a market, security, or product that is experiencing weak demand and lowering prices.
A depressed market, security, or product implies that prices and volume are low. There are many reasons for a depressed market, security, or product. For example, a market might be depressed due to poor earnings figures by only a few of the large bellwether companies. Visit Dukascopy