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The current account is an important indicator of an economy's speed. It is defined as the sum of the balance of trade (goods and services exports minus imports ), net income from abroad, and net current transfers. A positive current account balance indicates the nation is a net lender to the rest of the world, while a negative current account ...
Balance of payments; ... -212.20 2011 Total Asset Gain 5.20 2.45% Less: 2011 Inflation-3.20% ... List of countries by current account balance;
2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date. 3/7 EOM - this means the buyer will receive a cash discount of 3% if the bill is paid within 7 days after the end of the month indicated on the invoice date.
In New York City, median-income households would need to come up with a more than 60% down payment, in Miami, they’d need to come up with a 64.5% down payment—and the list goes on.
0-9. 1H – First half of the year; 24/7 – 24 hours a day, seven days a week; 80/20 – According to the Pareto principle, for many events, roughly 80% of the effects come from 20% of the causes
Portal. v. t. e. A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. [1] Credit cards are one of the most widely used forms of payment across the world.
Image source: The Motley Fool. Bank of America (NYSE: BAC) Q2 2024 Earnings Call Jul 16, 2024, 8:30 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
Net 10, net 15, net 30 and net 60 (often hyphenated "net-" and/or followed by "days", e.g., "net 10 days") are payment terms for trade credit, which specify that the net amount (the total outstanding on the invoice) is expected to be paid in full by the buyer within 10, 15, 30 or 60 days of the date when the goods are dispatched or the service is completed.