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What is a Letter of Credit – Definition, Types, and Uses

A Letter of Credit, or LC, is a financial instrument. Banks and similar institutions, such as creditworthy financial service companies, insurance companies etc., issue it as a guarantee payment for goods and services when a seller provides all acceptable documents. There are three participants in a Letter of Credit – the beneficiary, the applicant, and the issuing bank. The beneficiary is the person/company who would receive payment. The applicant is the buyer of goods and services who...

How to Enlarge the Scope of Your Influence with the E-commerce Mobile App

Future of mobile commerce solutions For the last few years, the number of mobile users has grown rapidly all over the world. And all these users find online shopping via an e-commerce app much easier and convenient way to shop. According to Statista, the transaction value of global m-commerce is going to reach $460 billion in 2018 and almost 700 billion in 2019.   The transaction value of global m-commerce   Moreover, the same source predicts a rise of...

How Many Credit Cards Should You Carry?

Credit cards often offer several benefits such as free warranty extensions on purchases and free insurance schemes. But credit cards can also create havoc on your budget – the many stories of overspending and late fees can attest to that. The final truth, however, is that credit cards come with advantages, as well as disadvantages. As long as you can manage to have several different cards and don't miss payments, they're easy to handle with no dire consequences. But what is the optimal...

An Insight into Sports Tourism and Its Advantages

Many people do not understand the meaning of ‘sports tourism"- this term implies traveling from one place to another to witness sporting events in any field. If you are fond of traveling and sports, sports tourism is recommended for you. There is a huge demand for sports tourism across the globe today, and more and more travel companies are venturing forward to make convenient itineraries for people who love to travel from one place to another to witness major sporting...

Top Ways to Experience the Great Barrier Reef

Off the shores of Queensland and beneath its quiet waters lies the world’s largest living ecosystem. From a bird’s eye perspective, all seems calm and tranquil. But a closer look reveals the wonders of the Great Barrier Reef in all its magnificence… It’s a grand stage set with exquisite coral reef formations, simply perfect for nature’s dramatic exposition starring an astonishing number of unique marine animals! The kind of bustling marine traffic down under...

How to choose your winch - buying guide

A winch is a device that allows the winding and unwinding of a cable (or rope) intended to pull or lift a more or less heavy load (for example, a trailer, a boat ...) Before choosing your winch, it is necessary to take stock of the use you want to make and the frequency of use. These questions will help you determine the nature of the winch you need and its ability to resist. CHARACTERISTICS AND USE There are several models of winches. The main ones are: The manual winch The electric...

11 Vital Guidelines for a Successful Career Advancement in 2018

Most people do not consider the career as an important life goal. But when the career is established properly, it brings satisfaction to the owner and allows him to wait for a worthy reward. It is no secret that the main principle is applied in many areas to step towards the higher of your position, the more you win and the desire to earn more is quite normal. The following 10 tips will help you succeed in your career and increase your income. First counsel...

Things To Do In Ooty On A Family Vacation

Ooty was discovered in the early 1800s by the British and it later became the Summer Capital of the Madras Presidency during the British Rule. Every year, a number of tourists visit this charming hill station. If you are planning to visit Ooty as well, here is a guide to help you prepare your itinerary. Things to do in Ooty Here are the top five things to do in Ooty: 1. Trekking Ooty offers wonderful opportunities for trekking along with the kids. Trek up the Doddabetta peak or walk...

What is Crossfit all about?

Crossfit was developed by Greg Glassman over several decades as he created a fitness program specifically designed to promote and improve health and fitness. The CrossFit program is made up of a series of constantly varied and functional movements that are designed to reflect the best aspects of different sports and exercises such as running, gymnastics, rowing, weightlifting and many others.   These programs are designed to give a person a broad, general degree of fitness that’s...

What You Should Know About SBI Bluechip Fund?

  So, you are thinking of investing in mutual funds? You have been watching a lot of business news lately, noting down what the experts were saying in that little chat room, right? You have even crosschecked the stats which they gave through the internet, and are now fully convinced with the choices that you are going to make. Is it so? Do you think that’s what it takes to make a good plan? WRONG! There are certain areas which are highly likely to be skipped by any expert merely...


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