Banker’s acceptance is a short-term (30 to 180) days, debt instrument. Banker’s acceptance is always drawn in favour of a drawee by a drawer. Where the funds required for such a financial instrument must be provided by the drawer. Drawee gets the right to negotiate such a financial instrument before its maturity.
Volatility is the measurement of the degree of how the financial markets are sensitive towards trade cycles or towards various economic risks. Volatility predicts whether its a bull’s market or bear’s market or its a grey market.
Permanent current assets are the minimum amount of current assets which are required to a business entity for successfully carrying out business operations.