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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

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 that of Feeder Funds, which serve as a means of pooling investment resources into a master fund. This structure is typically managed by a single ...

Market downturn refers to a persistent decline in the overall value of the stock market. This can make it challenging for investors to sell their assets and exit the market....

L-shaped Recovery

An L-shaped recovery is a term used to describe a specific pattern in economic charts during a recession and its subsequent recovery. This shape resembles the letter "L" and...

A common investment option known as Gold Funds involves pooling money from multiple investors and utilizing it to invest in different forms of gold. These funds typically of...

One pound is divided into 100 pence. The pound sterling is one of the oldest currencies in the world, dating back to the Anglo-Saxon era. Its value is influenced by various e...

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IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

Technicals

All terms and concepts related to technical analysis in finance, which involves using historical pri

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

Fixed Income Instruments

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

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

Retirement Planning

All terms and concepts related to the process of saving and investing to ensure financial security a

Fixed Income

Investments that provide regular, fixed payments, such as bonds and treasury bills.

Loans

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

Currency

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

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