The diagram below represents two photographs of the Moon, A and B, taken at full moon phase several months apart. The photographs. were taken using the same magnification. Each photograph was cut. in half and the halves placed next to each other. A) The phases of the Moon changed. B) The Moon expanded.
The Basel accords are a series of recommendations on banking laws and regulations issued by the Basel Committee on Banking Supervision (BSBS). The name for the accords is derived from Basel, Switzerland, where the committee that maintains the accords meets.
Cash Flow Financing. A form of corporate financing based upon the cash flow value of a business as opposed to its hard asset value. This form of financing is akin to determining the equity value of the company and then lending up to a certain percentage of the equity value. Often, cash flow financing is based upon a multiple of the businessesâ EBITDA. Corporate Finance Expertise.