An expatriate is someone who has chosen to live and work in a country other than the one in which he or she legally resides. Most often, an expatriate is a citizen of a Western nation who has chosen to…
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Changes in the world economy have made most of the jobs for executives and managers focus on the so-called emerging countries (China, India, Brazil, South Africa). Thus in the Western world there is a large number of highly qualified professionals…
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In a letter of credit transaction, the final date the seller (beneficiary of the credit) may present documents and draw a draft under the terms of the letter of credit. Also called expiry date. See letter of credit.
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In foreign exchange options business, the last day on which an option can be exercised.
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