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Financial Terms

Base rate

This rate is used by commercial banks as a benchmark to set their own interest rates. Let's dive into the world of finance, where understanding the concept of base rate is crucial. To put it simply, the base rate is the lending rate determined by a country's central bank. Commercial banks then use this rate to determine their own interest rates. It's a key indicator of the overall economic health of a nation and plays a vital role in shaping financial decisions. So, it's safe to say that a thorough comprehension of base rate is essential for any financial enthusiast.
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All terms & concepts related to financial contracts whose value is based on an underlying asset,
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Investments that provide regular, fixed payments, such as bonds and treasury bills.
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IPO
All terms and concepts related to the process in which a private company offers its shares to the pu
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