Glossary
DICGCNovember 7, 2025

Meaning and Purpose The Deposit Insurance and Credit Guarantee Corporation (DICGC) protects bank depositors’ money.Definition and Overview DICGC,…

Glossary
DeductibleNovember 7, 2025

Meaning A deductible is the initial amount you pay for an insurance claim before your insurer contributes.Definition It’s…

Glossary
Death BenefitNovember 6, 2025

Meaning The Death Benefit refers to the financial payout provided by an insurance policy after the insured individual’s…

Glossary
Credit Information CompaniesNovember 6, 2025

Meaning These entities are vital for evaluating financial risk in lending.Definition Credit Information Companies (CICs) gather and maintain…

Glossary
Credit Guarantee SchemeNovember 6, 2025

Supporting businesses by reducing lender risk.Meaning Definition A Credit Guarantee Scheme is a program where a third party…

Glossary
Credit Guarantee Fund TrustNovember 6, 2025

Meaning The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provides financial security to lenders.Definition and…

Glossary
CGTMSENovember 6, 2025

Meaning A key scheme supporting micro and small enterprises for financial access.Definition CGTMSE, or **Credit Guarantee Fund Trust…

Glossary
Cashless ClaimNovember 6, 2025

Meaning A convenient way to settle bills without immediate cash payment.Definition A cashless claim allows policyholders to receive…

Glossary
Capital Gains TaxNovember 6, 2025

Meaning Understanding the tax implications of selling assets is crucial for investors and asset holders.Definition Capital Gains Tax…