Cyber Insurance
Meaning Cyber Insurance protects individuals or businesses from financial losses due to cyberattacks. Definition It covers risks like…
Day Care Procedures
Meaning Day Care Procedures are medical treatments that require less than 24 hours of hospitalisation. Definition These procedures…
Amortization
Meaning Amortization means gradually reducing a loan or asset value over a fixed period. Definition It refers to…
Sweep-in Account
Meaning A Sweep-in Account links your savings or current account with a fixed deposit to offer better interest…
TDS on FD Interest
Meaning TDS on FD Interest means the bank deducts tax at source on the interest earned from your…
TDS on Interest
Meaning TDS on Interest refers to the tax deducted by banks or financial institutions on interest earned from…
Term Loan
Meaning A Term Loan is a type of loan that must be repaid over a fixed period through…
Withdrawal Slip
Meaning A Withdrawal Slip is a paper form used in banks to take out money from a savings…
Yield
Meaning Yield means the return or earnings you receive from an investment over a period. Definition It is…
Zero Balance Account
Meaning A Zero Balance Account is a savings account where you do not need to maintain any minimum…