Cash Credit: Meaning, Eligibility, and Advantages
What is Cash Credit? Cash Credit, or CC refers to a short-term loan provided by banks for businesses…
Last Traded Price (LTP): Meaning, Calculation, and Differences
What is LTP? The full form of LTP is the Last Traded Price. LTP is the most recent…
MTD: Full Form, Meaning, and Its Importance in Business Performance Tracking
What is MTD? MTD is the period from the beginning of the current month up to the present…
Taxation: Meaning and Types
What is Taxation? It is a process where the government collects monetary contributions from individuals, businesses and entities…
What is a Demand Draft
Understanding Demand Draft Demand Draft or DD refers to a financial instrument used to make payments, which can…
VAT: Full Form, Meaning, Definition, and Its Benefits
Understanding VAT VAT or Value-added Tax is a tax imposed by the government on the sale of goods…
What is a GM (General Manager)?
GM: Full Form and Meaning The full form of GM is General Manager. A general manager is a…
TDR: Term Deposit Receipt
What is TDR? TDR stands for Term Deposit Receipt. It refers to a financial document that represents a…
Aadhaar Enabled Payment System (AePS): Meaning, Objectives and Services
What is AePS? The full form of AePS is Aadhaar Enabled Payment System. It is a bank-led model…
SPARC: Full Form, Meaning and Differences
What is SPARC? SPARC stands for Special Purpose Acquisition Rights Company. Developed by billionaire investor Bill Ackman through…