In the History of Banking,warehouse Receipts Refer to Receipts

question 43

Multiple Choice

In the history of banking,warehouse receipts refer to receipts

• A) that goldsmiths once issued acknowledging that they held a customer's gold.
• B) for storing furniture in a warehouse.
• C) goldsmiths issued to each other when they borrowed gold.
• D) for storing food and other perishables in a warehouse.

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Definitions:

Cash Flow

The overall volume of cash and cash-equivalents that are exchanged in and out of a business entity.

Timing

The selection of an optimal time or period for making an investment, launching a product, or executing a decision to maximize benefits or outcomes.

Capital Budgeting

The process of planning and evaluating investments in long-term assets, analyzing their expected cash flows and their impact on the company's financial future.

Bonds

Financial instruments representing a loan made by an investor to a borrower, typically corporate or governmental, where the issuer owes the holders a debt and is obliged to pay them interest and/or repay the principal at a later date, termed the maturity.