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Financial Terms

CAD

The value of CAD is determined by many factors including the country's economic stability, inflation rate, and global trade agreements.

The Canadian Dollar (CAD) serves as the official currency of Canada, with a conversion rate of 1 CAD being equivalent to 100 cents, denoted by the $ symbol. However, its value is not solely dependent on its denomination, as it is influenced by various factors such as the country's economic stability, inflation rate, and international trade agreements. A thorough understanding of these elements is crucial in comprehending the intricacies of the Canadian Dollar.

Lagging Indicator

A Lagging Indicator is a vital tool in the world of finance. It provides valuable feedback, but with a slight delay, making it a useful tool for traders to validate price tr...

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Annualized Premium

It is calculated by multiplying the monthly premium by 12 for yearly payments or by multiplying the quarterly premium by four for quarterly payments. As we delve deeper into t...

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NEFT

NEFT, or National Electronic Funds Transfer, plays a crucial role in facilitating the movement of funds between different banks. This system enables individuals to transfer ...

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Borrowed Capital

This borrowed capital can come from various sources such as banks, financial institutions, or even individuals. In return, the borrower is expected to pay back the borrowed c...

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