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Financial Terms

Combating Financing of Terrorism

The concept of Combating Financing of Terrorism involves preventing the flow of funds through financial channels for illegal activities. This includes measures to prevent money laundering and terrorist financing. These efforts are guided by a framework of laws and regulations, both at the national and international levels.

Economy

Gross Domestic Product (GDP) is the total value of all goods and services produced within a country's borders in a given period. Welcome to our lesson on the economy and it...

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SLR

This helps ensure the safety and stability of the banking system. Welcome to our lesson on Statutory Liquidity Ratio (SLR), a key term in the world of finance. As a knowledg...

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Interval Fund

This type of fund is illiquid and has a fixed term, meaning investors can only redeem their shares at specific times. The fund's holdings are typically made up of alternative...

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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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