The Fx options trading Questions

Category: glossary , Asked by: M. L. From Vaduz, Liechtenstein

A: A document issued by an insurance company/broker that is used to verify the existence of insurance coverage under specific conditions granted to listed individuals. More specifically, the document lists the effective date of the policy, the type of insurance coverage purchased, and the types and dollar amount of applicable liability. A certificate of insurance is often demanded in situations where liability and large losses are a concern. For example, a company wishes to hire a driver from a temp agency. The company will most likely ask the agency to show them a certificate of insurance that proves that certain liabilities will be covered by insurance in the event the driver causes problems, such as incurring damages from driving the company

Category: glossary , Asked by: Valery L. From United Kingdom

A: the "certificate of origin - cO " is A document declaring in which country a commodity or good was manufactured. The certificate of origin contains information regarding the product's destination and country of export and is required by many treaty agreements before being accepted into another nation. Trade restrictions, tariffs, embargoes and duties can all be affected by the certificate of origin. Because some nations limit or ban imports from certain countries, all incoming goods would be required to have a CO. To encourage imports from specific nations, governments may lower the duty on goods if accompanied by a CO from those countries.

Category: glossary , Asked by: M. O. From United States

A: The total amount of money that the United States federal government owes to creditors. The government's creditors include all individuals, businesses, governments and other organizations that own U.S. Government debt securities. The federal debt exists as a result of federal government shortfalls, or deficit budgets in which the government's expenses exceed its revenues. The federal debt does not include any debts in the name of individuals, corporations and state or municipal governments. In recent years, the federal debt has grown to exorbitant amounts - as of April 2006, the total federal debt was estimated to be $8.4 trillion. Viewed as an absolute number, the federal debt seems quite enormous, representing more than 20% of total worldwide debt. However, some economists point out that the federal debt is only about two-thirds the size of the U.S. GDP - a statistic that puts the U.S. Well below the debt-to-GDP levels of other industrialized countries, such as Japan. Heated debate continues as to whether the federal debt is too large and should be paid down, or whether it is simply a necessary catalyst for continued economic growth.