Skip to main content

CACP Full Form

CACP -  Commission for Agricultural Costs and Prices The Commission for Agricultural Costs & Prices (CACP) is an attached office of the Ministry of Agriculture and Farmers Welfare, Government of India. It came into existence in January 1965. Currently, the Commission comprises a Chairman, Member Secretary, one Member (Official) and two Members (Non-Official). The non-official members are representatives of the farming community and usually have an active association with the farming community.
2 comments

What is the full form of FCCB


FCCB - Foreign Currency Convertible Bond

Foreign currency convertible bonds (FCCBs) are a special category of bonds. FCCBs are issued in currencies different from the issuing company's domestic currency. Corporates issue FCCBs to raise money in foreign currencies. These bonds retain all features of a convertible bond, making them very attractive to both the investors and the issuers.

These bonds assume great importance for multinational corporations and in the current business scenario of globalisation, where companies are constantly dealing in foreign currencies.

FCCBs are quasi-debt instruments and tradable on the stock exchange. Investors are hedge-fund arbitrators or foreign nationals.

FCCBs appear on the liabilities side of the issuing company's balance sheet. Under IFRS provisions, a company must mark-to-market the amount of its outstanding bonds.

The relevant provisions for FCCB accounting are International Accounting Standards: IAS 39, IAS 32 and IFRS 7.

FCCB are issued by a company which can be redeemed either at maturity or at a price assured by the issuer. In case the company fails to reach the assured price, bond issuer is to get it redeemed. The price and the yield on the bond moves on the opposite direction. The higher the yield, lower is the price.

Foreign currency convertible bonds are equity linked debt securities that are to be converted into equity or depository receipts after a specified period. thus a holder of FCCB has the option of either converting it into equity share at a predetermined price or exchange rate, or retaining the bonds.

Labels:

Comments

Post a Comment

Thank You

Popular posts from this blog

Popular posts from this blog

WTO

WTO - World Trade organization The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments.
Post a Comment
Read more

LIC Full form

LIC - Life Insurance Corporation Life Insurance Corporation of India (abbreviated as LIC) is an Indian state-owned insurance group and investment corporation owned by the Government of India. The Life insurance Corporation of India was founded on September 1, 1956 , when the Parliament of India passed the Life Insurance of India Act that nationalized the insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state-owned Life Insurance Corporation of India. Headquarters : Mumbai Chairperson : M R Kumar Founder : Government of India Founded : 1 September 1956 Total assets : 31.12 lakh crores INR (US$440 billion, 2019) Subsidiaries : LIC Housing Finance , IDBI Bank , MORE
Post a Comment
Read more

MAN

MAN - Metropolitan Area Network A metropolitan area network, or MAN, consists of a computer network across an entire city, college campus or small region. A MAN is larger than a LAN, which is typically limited to a single building or site.
Post a Comment
Read more

GIIC

GIIC - Gujarat Industrial Investment Corporation GIIC was established in 1968 for catalyzing industrial development in state of Gujarat. GIIC opens access to the Power of Resource for every business enterprise. Through its thoughtfully designed services that address the wide-ranging needs of an organisation. Supporting its operation. Accelerating its pace of growth. GIIC - an able source of Resource.
Post a Comment
Read more

CIBIL Full Form

CIBIL - Credit Information Bureau (India) Limited CIBIL (Credit Information Bureau (India) Limited) is a Credit Bureau or Credit Information Company. This company is engaged in maintaining the records of all the credit-related activities of companies as well as individuals including credit cards and loans.
Post a Comment
Read more

PNB Full Form

PNB - Panjab National Bank Punjab National Bank (PNB) is a Banking and Financial service bank owned by the Government of India with its headquarters is in New Delhi, India. The bank was founded in 1894 and is the second-largest public sector bank (PSB) in India, both in terms of business and its network. The bank has over 180 million customers, 10,910 branches, and 13,000+ ATMs post-merger with United Bank of India and Oriental Bank of Commerce, effective from 1 April 2020.
Post a Comment
Read more

CUTS full form

CUTS - Consumer Unity & Trust Society CUTS International is a non-profit organisation committed to fulfilling the developmental aspirations of the poor. Headquartered in Jaipur, India, the organisation was founded by Pradeep S. Mehta in 1983. Also known as Consumer Unity & Trust Society, CUTS focuses on providing the needy with access to equal rights, amenities, education, food and developmental opportunities.
Post a Comment
Read more

Get Our App for Android

Total Pageviews

|AryansWorld| "A mam is a product of his thought; what he thinks, that he becomes."