Foreign Exchange Explained a Practical Treatment of the Subject, for the Banker, the Business, Man, and the Student (Classic Reprint) - Couverture souple

Boston, Thomas

Couverture souple

ISBN 10 : 1440047847 ISBN 13 : 9781440047848

Editeur : Forgotten Books, 2018

Synopsis

Mastering the basics of overseas payments and trade finance, with practical how‑to guidance.

This practical guide explains how bank credits, letters of credit, and other trade-finance tools work in international commerce. It shows how these instruments help merchants securely pay and get paid across borders. The book walks you through real-world transactions, from issuing and confirming credits to drawing and negotiating drafts. It explains why terms of payment shape prices, how documentation matters, and how to manage risk in global trade. Clear explanations and concrete examples help you see how these credit mechanisms fit into everyday business.

• Learn how commercial credits and letters of credit are opened, confirmed, and honored.
• Understand how terms like “sight” and “months” affect pricing and cash flow.
• Follow a step-by-step example of an import/export transaction from start to finish.
• Gain practical insight into costs, risk, and the role of banks and bankers’ bills.

Ideal for readers who work with international trade, banking, or finance, and for students studying how foreign exchange shapes global business.

A propos du livre

Présentation de l'éditeur

To a very large number of people who ten years ago had never even heard of a gear or a differential or a carburetor, these are to-day familiar terms. To an equally large number of persons, perhaps, such phrases as demand sterhng, cables, dollar drafts, etc. have, during the past few years, come to have a very definite and important meaning. Knowledge of foreign exchange used to be regarded as something of a luxury. It is, to-day, not far from being a necessity. To supply the need for a book from which, without too great effort, the student, the business man, and the banker could get a working knowledge of the subject, the writing ofF oreign Exchange Explained was undertaken. To set down, not a mass of figures and calculations, of interest only to the exchange expert and obsolete almost as soon as compiled, but rather a cleancut, definite description of foreign exchange and of the underlying and unchanging principles on which it works that has been the authors aim. So to state the theory of the thing as to make it applicable to everyday practical use that has been his constant object.
(Typographical errors above are due to OCR software and don't occur in the book.)

About the Publisher

Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology.

Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org

Détails de l'édition

• Éditeur: Forgotten Books
• Date d'édition: 2018
• Langue: anglais
• ISBN 10: 1440047847
• ISBN 13: 9781440047848
• Reliure: Broché
• Nombre de pages: 245
• Coordonnées du fabricant: Copytech (UK) Ltd, Trading as Printondemand-worldwide.com; gpsr@podww.com; ; 9 Culley Court; Orton Southgate; Peterborough; Cambridgeshire; PE2 6WA; Royaume-Uni
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