ADVISING BANK Definition

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ADVISING BANK is a bank in the exporters country handling a letter of credit.

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P as the fifth letter in a Nasdaq stock symbol indicates that the issue is first class of preferred shares in the company.

PRESCRIBED SECURITY generally means any bond, debenture, stock, stock certificate, Treasury bill or other like security, or any coupon, warrant or other document for the payment of money in respect of such a security, issued by a government authority.

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