Excerpt from Acceptances: Trade and Bankers' The endeavor in this volume is to offer simple and practical explanation of acceptance principles and procedure, as demonstrated in actual use by great numbers of bankers and business concerns in the United States and foreign countries. Research has not been spared in its preparation, and it embodies the results of several nation-wide cooperative investigations. There will be found herein a full discussion of the practical scope and limits of bankers' and trade acceptances and, from a consensus of opinion, their most approved methods of use. It is hoped that the basic principles discussed and the plans and details of procedure described may enlighten the student, assist the banker, and enable the American manufacturer, jobber, or merchant to understand and apply the acceptance in its best form. In banking houses it has been found that the most successful method of handling a specialty, such as bankers' or trade acceptances, is by delegating such an activity to one or more men who, through study and experience, become experts in its efficient management. It is probable, however, that in the case of acceptances, all officials of the bank who may be called upon to discuss the matter with customers or financial men, in its broad aspects or in details, can receive benefit from studying the practical information contained in a volume which covers all aspects of the subject. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Designed for use by anyone involved in international sales, finance, shipping and administration, The Handbook of International Trade and Finance provides a full explanation of the key areas of international trade - including risk management, international payments and currency management. It is an essential reference source that will help to reduce risks and improve cashflow, identify the most competitive finance alternatives, structure the best payment terms, and minimize finance and transaction costs. Coverage includes: trade risks and risk assessment; methods of payment; currency risk; export credit insurance; trade finance; and terms of payment. Designed for all businesses, regardless of size and business sector, the book also describes the negotiating process from the perspectives of both the buyer and the seller - providing valuable insight into the complete financing process.

This is a full and authoritative account of the history of private banking, beginning with its development in conjunction with the world markets served by and centred on a few European cities, notably Amsterdam and London. These banks were usually partnerships, a form of organization which persisted as the role of private banking changed in response to the political and economic transformations of the late 18th and early 19th centuries. It was in this period, and the succeeding Golden Age of private banking from 1815 to the 1870s, that many of the great names this book treats rose to fame: Baring, Rothschild, Mallet and Hottinger became synonymous with wealth and economic power, as German, French and the remarkably long-lasting Geneva banks flourished and expanded. The last parts of this study detail the way in which private banking adapted to the age of the corporate economy from the 1870s to the 1930s, the decline during and after the Great Depression and the post-war renaissance. It concludes with an appraisal of the causes and consequences of the modern expansion of private banking: no longer the exclusive preserve of partnerships, the management of investment portfolios of wealthy individuals and institutions is now a major concern of international joint-stock banks.