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A power reverse dual-currency note (PRDC) is a structured product where an investor is seeking a better return and a borrower a lower rate by taking advantage of the interest rate differential between two economies. The power component of the name denotes higher initial coupons and the fact that coupons rise as the foreign exchange rate ...
Diners Club International (DCI), founded as Diners Club, is a charge card company owned by Discover Financial Services.Formed in 1950 by Frank X. McNamara, Ralph Schneider (1909–1964), [3] Matty Simmons, and Alfred S. Bloomingdale, it was the first independent payment card company in the world, successfully establishing the financial card service of issuing travel and entertainment (T&E ...
Formal definition. A dual currency deposit (“DCD”) is a foreign exchange-linked deposit in which the principal can be repaid after being converted into the alternative currency at the strike rate at maturity depending on the spot foreign exchange rate. If an investor has a view on the initial investment currency a dual currency strategy ...
A direct deposit (or direct credit), in banking, is a deposit of money by a payer directly into a payee's bank account.Direct deposits are most commonly made by businesses in the payment of salaries and wages and for the payment of suppliers' accounts, but the facility can be used for payments for any purpose, such as payment of bills, taxes, and other government charges.
Data center interconnect. A datacenter interconnect (DCI) is a connection between data centers and between the components within them. [1][2] The goal of a data center interconnect is to provide high bandwidth in order to maximize the utility of the data center. [2] Inter data center interconnects must also be able to transmit over long ...
AFE – Authorization for expenditure, a process of submitting a business proposal to investors; AFP – Active rire protection; AGA – American Gas Association; AGRU – acid gas removal unit; AGT – (1) agitator, used in drilling; AGT – (2) authorised gas tester (certified by OPITTO)
To get printable coupons on Shortcuts.com, plug in your zip code. When I entered mine, 48 coupons popped up. If you are looking for more grocery coupons, check out Coupons.com , SmartSource , or ...
A direct debit or direct withdrawal is a financial transaction in which one organisation withdraws funds from a payer's bank account. [1] Formally, the organisation that calls for the funds ("the payee") instructs their bank to collect (i.e., debit) an amount directly from another's ("the payer's") bank account designated by the payer and pay those funds into a bank account designated by the ...