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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

On the other hand, a stock or security that outperforms its benchmark or peers is referred to as a Leader. This is a common term used in the financial world to describe the p...

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...

It is one of the three types of mutual funds, the other two being Income Funds and Balanced Funds. A Growth Fund is a type of mutual fund that is designed to generate capit...

Blue Chip Companies

Blue Chip Companies are highly reputable multinational companies that have been in operation for a significant period. These companies have a substantial market capitalization...

Foreign Institutional Investors (FIIs)

These investors play a crucial role in global financial markets and can bring significant capital and expertise to emerging economies. A Foreign Institutional Investor, or ...

Capital Expenditure

Capital expenditures, or CapEx, refer to the funds allocated by a business or Government for the purchase, improvement, or maintenance of assets in order to enhance the orga...

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Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Options and Futures

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

Market Entities

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

Gold

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

Fixed Income Instruments

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

Fixed Income

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

Technicals

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

Trading Terms

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

Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Financial Terms

A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used

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