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Financial Terms

Amortization

Amortization is a fundamental concept in finance that involves paying off a debt through regular, fixed payments over a set period of time. By adhering to a predetermined schedule, this method allows borrowers to effectively manage their loan and ultimately eliminate it within a specific timeframe. It is a crucial tool in the world of finance, and understanding its intricacies can greatly benefit individuals seeking to navigate the complex world of financial commitments.

Dividend Distribution Tax

This tax is paid by the company, not the shareholders. The term "dividend tax" refers to a tax levied by the Indian government on companies that distribute dividends to thei...

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Finance Bill

During the parliamentary session following the Budget presentation, a Bill is introduced to outline the changes in tax policy that were announced. This Bill serves as a cruc...

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Accrued Expenses

Unpaid expenses refer to the costs incurred by a company that have been recorded in its books but have not yet been settled. These expenses are classified as liabilities on ...

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Foreign Currency Convertible Bonds (FCCB)

These bonds provide the bondholder the option to convert the bond into equity shares at a predetermined price. A Foreign Currency Convertible Bond (FCCB) is a unique financ...

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