FINANCING MARGIN RATIO Definition

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FINANCING MARGIN RATIO (FMR) is the margin to be maintained between the debit balance and the actual security value as stipulated in the Facility Letter or any other margin as stipulated by a lending bank from time to time as the FMR.

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PERSISTENT EARNINGS is the level of earnings, from accounting to accounting period, that are continually recurring.

INVENTORY PROFITS is a capital-gains-like element in profits. It results from an increase in inventory prices.

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