VRS Full Form: Meaning and Definition of Voluntary Retirement Scheme
Understanding Voluntary Retirement Scheme A Voluntary Retirement Scheme (VRS) is by companies to their employees who wish to…
SGX Full Form: Meaning and Definition of SGX
Meaning of SGX Nifty SGX Nifty is a derivative of Nifty index that is traded on the Singapore…
Holding Company: Definition, Types, Advantages and Disadvantages
What is a Holding Company? A holding company is a business corporation or limited liability company (LLC) that…
Understanding Royalty: Definition, Meaning, and Types
Understanding Royalty A royalty is a contractual payment made to the individual or company of a particular asset…
What is Corporation? : Meaning, Types and Formation
Understanding Corporation A corporation is a type of legal entity that is separate from its owners. Created under…
Insurable Interest: Meaning & Example
What is Insurable Interest? Insurable Interest is a financial stake or potential loss that a person or entity…
Surcharge in Taxation: Definition, Meaning, and Applicability
Introduction to Surcharge If any individual falls in the higher income category, the Income Tax Department of India…
Merchant Banking: Definition, Functions and Advantages
What is Merchant Banking? Merchant banking refers to a specialised financial service that is provided by banks or…
Meaning and Definition of Wealth Management
What is Wealth Management? Wealth management refers to a financial service or assistance to affluent clients. This is…
Ratio Analysis: Definition, Meaning, Key Uses, and Types of Financial Ratios
Understanding Ratio Analysis Ratio analysis refers to a method that is used to evaluate and compare the financial…