Medi Assist Healthcare IPO

Open Demat Account

Open Demat Account Login

Home Financial Terms

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

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

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...

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...

Ex-dividend Date

The record date is the date when the company checks its records to determine which shareholders are eligible to receive the dividend. Understanding key financial terms is cr...

In the realm of finance, the fiscal deficit refers to the discrepancy between a government's overall income and its total expenses. This gap highlights the amount of money t...

Dividend Distribution Tax

This tax is paid by the company, not the shareholders. The term "dividend tax" refers to a tax levied by the Indian government on companies that distribute dividends to thei...

Capital Appreciation

Capital Appreciation is a term used to describe the rise in value of an investment. It is determined by subtracting the initial purchase price from the final selling price. ...

Open Free Demat Account!

Enjoy Zero Brokerage on Equity Delivery

Join our 2 Cr+ happy customers

Want to open an NRI account?

Explore other categories

Gold

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

Property

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

Loans

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

Mutual Funds

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

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Insurance

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

Corporate Actions

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

Fixed Income

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

Fixed Income Instruments

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

Retirement Planning

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

4.4 Cr+ DOWNLOADS

Enjoy Zero Brokerage On Stock Investments