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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

Leading Indicator

This can be helpful in making informed decisions in the stock market or in business. As a seasoned financial expert, I would like to introduce you to the concept of Leading...

This usually happens when a company's assets are liquidated and the proceeds are distributed among shareholders. Another term commonly used in finance is Dividend Yield, whic...

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 ...

The process involves analyzing financial statements, verifying transactions, and identifying any discrepancies. This is an essential aspect of finance and a crucial step in m...

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...

Daily Margin Statement

A crucial document for investors and traders is the Daily Margin Statement. It's a password-protected report that reveals the amount of available margin and how it's being u...

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Technicals

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

Market Entities

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

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Trading Terms

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

Property

The "Property" category in finance encompasses all aspects related to real estate and tangible asset

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

Public Offerings

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

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Mutual Funds

All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m

Loans

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

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