Cryptocurrency Q&A
What is BLoC in finance?
What is BLoC in finance?
CryptoWanderer
Mon Nov 25 2024
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5 answers
799
I'm trying to understand the financial term BLoC. Could someone explain what it stands for and its significance in the finance industry?
5 answers
TaegeukWarrior
Wed Nov 27 2024
This revolving feature enables businesses to access and repay funds multiple times, offering greater flexibility in managing their cash flow.
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Stardust
Wed Nov 27 2024
A BLOC represents a unique financial instrument known as a revolving credit facility.
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Sara
Wed Nov 27 2024
The core concept of this facility is that as a business repays the borrowed funds, the same amount is automatically replenished into its credit line.
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SamsungShiningStar
Tue Nov 26 2024
However, to maintain this facility, businesses must adhere strictly to their credit limit and the lending terms stipulated by the financial institution.
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Ilaria
Tue Nov 26 2024
Among various cryptocurrency exchanges, BTCC stands out as a top player in the market. Its comprehensive services cover spot trading, futures trading, and wallet management, catering to the diverse needs of crypto investors.
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