The massive depreciation of many Asian currencies in the 1997 to 1999 period, known as the Asian financial crisis, is also an instance of the influence of these short-term movements of money.
The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value.dumb.
explain what is meant by the term 'highly geared' in financial management
The term OBCIndia stands for Oriental Bank of Commerce India. OBC India is nation's leading financial institution and house for everybody's financial needs.
A financial liberalization generally start out with an accelerated financial growth, but in most cases always leads to a less stable financial systems with frequent booms and busts from risky practices in the long term.
open market operations
The term financial resources means the money (cash, cash equivalents, and credit) and other valuable property that you own that you can use to do things that require money be paid.
While external auditors played a role in the financial crisis of 2008 by failing to identify and report on the risks associated with subprime mortgages and complex financial instruments, they were not solely to blame. The crisis was primarily driven by a combination of factors, including excessive risk-taking by financial institutions, lax regulatory oversight, and the proliferation of high-risk mortgage products. Additionally, the overall economic environment and a culture that prioritized short-term profits over long-term stability contributed significantly to the crisis. Thus, while auditors share some responsibility, they were part of a broader systemic failure.
Yes. Payday loans can really be a lifeline to anyone who needs money quickly to solve short-term financial crisis.
He started the war in Iraq. Deregulated the financial industry causing a crisis in the financial markets. Had the housing bubble burst during his term.
The term bail out in financial terms is almost similar to the term out on bail as per legal law. If someone has committed a crime and is jailed they need a bail to come out of jail. Until a Bail is issued the convict has to serve his term in Jail. Similarly if a company is in a financial crisis and is about to go bankrupt they would be looking out prospective buyers or people who can help them manage the crisis. At such a situation, some other company may opt to help them out of the crisis by either buying a stake in the company or by taking that company over. This process would require the approval of all the share holders of both the companies and would take a lot of time to materialize. Once it is approved by the share holders and also by the law makers the buying company would infuse fresh capital into the bought company and help stabilize the financial position of that company.
what is meant by the term catheterisation
What is meant by the term resistivity?