Glossary
Meaning and Importance of Legal Tender
What is Legal Tender? Legal tender refers to the type of currency that the government has officially declared…
Glossary
LIBOR (London Interbank Offer Rate): Meaning, Calculation and Uses
What does LIBOR Mean? LIBOR stands for London Interbank Offered Rate. It is a benchmark for short-term interest…
Glossary
Capital Account: Meaning, Working & Importance
What is a Capital Account? Capital refers to cash or assets (such as machinery, account receivables, property) of…
Glossary
Income: Definition, Meaning, Types, and Importance
What is Income? In simple terms, income refers to the money one gains in exchange for a product…
Glossary
Amortization: Definition, Meaning, and Its Importance in Finance
Introduction to Amortization Amortization is an accounting and financial term that refers to the gradual repayment of a…
Glossary
Divestiture: Meaning, Reasons & Example
Introduction to Divestiture Divestiture refers to the process of a company selling off, liquidating, or bankruptcy. The management…
Glossary
VIX Full Form, Definition, and Meaning: Understanding India VIX and Market Volatility
Understanding India VIX India VIX is another important term for every investor to understand before making any investments.…
Glossary
ICFAI: Institute of Chartered Financial Analysts of India
Understanding ICFAI ICFAI or Indian Institute of Chartered Financial Analysts of India, is a prominent educational institute in…
Glossary
ALM: Asset/Liability Management
What is ALM Asset/ Liability Management or ALM is an approach used by companies and financial institutions to…
Glossary
Bancassurance: Meaning, Definition, and Benefits for Banks, Insurance Companies, and Customers
Understanding Bancassurance It is a partnership between a bank and an insurance company, wherein the bank offers the…