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Financial Terms

Foreign Currency Non-Resident Account (FCNR)

It is a popular investment option for NRIs looking to diversify their portfolio and mitigate exchange rate risk. FCNRs are available in various currencies and can be opened for a minimum period of one year up to five years. The interest rates offered on FCNR deposits are determined by the Reserve Bank of India and are generally higher than those of domestic deposits.

A Non-Resident External (NRE) Account is a savings or term deposit account that can be opened by NRIs, allowing them to repatriate their earnings from India. This account can hold funds in Indian rupees and is a convenient option for NRIs to manage their finances and earn tax-free interest. NRE accounts also offer the flexibility of joint ownership with another NRI or resident Indian. The interest rates on NRE accounts are also set by the Reserve Bank of India and are typically higher than those of domestic accounts.

On the other hand, a Non-Resident Ordinary (NRO) Account is a

It is used as a measure of a country's economic growth and overall wealth. Let's discuss one of the key terms in the world of finance - the gross domestic product (GDP). Th...

They play a crucial role in facilitating transactions between buyers and sellers, providing valuable expertise and services that make the process more efficient and secure. E...

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...

A key concept in finance is the P/E ratio, or price-earnings ratio, which measures a company's stock price relative to its earnings. However, to accurately assess a company'...

Moving Average is a key analytical tool in the realm of finance, enabling us to closely examine the fluctuation of share prices. Simple Moving Averages and Exponential Movin...

It is a crucial concept in finance, as it can have significant consequences for individuals and organizations. Insolvency can lead to bankruptcy, which involves a legal proce...

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Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

Market Entities

All terms related to various types of organizations or individuals, like investors, banks, insurers,

Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

Loans

All terms and concepts related to borrowing money, including different types of loans, interest rate

Trading Terms

Trading Terms encompass terminology and phrases commonly used in financial markets, including terms

Currency

All terms related to the system of money in general use in a particular country, representing a medi

Financial Instruments

Legal contracts that represent financial value, such as stocks, bonds, options, futures, and various

Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment,

Corporate Actions

Terms related to decisions and events initiated by a company that can impact its stock, such as divi

Options and Futures

All terminologies and concepts related to financial derivatives, including options and futures contr

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