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Financial Terms

Garbage Fees

It is a way for the government to collect revenue under the guise of environmental protection. This fee is often added to a customer's bill without their knowledge or consent

In the realm of financial terms, the concept of a Garbage Fee is often misunderstood. It may seem like a meaningless charge with no tangible benefits, but in reality, it serves as a means for the government to generate revenue. This charge, disguised as an environmental measure, is often sneakily added to customers' bills without their awareness or permission.

Foreign Currency Non-Resident Account (FCNR)

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Disinvestment

One important term to know in the world of finance is disinvestment, which refers to the sale of a government's shares in a public sector undertaking. This process has signi...

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Harmless Warrants

Harmless Warrants, a bond provision, provides bondholders with the option to relinquish their bond, on the condition that the borrower must acquire another bond with identic...

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Long-term Capital Gain / Loss

When discussing investments, we must understand the concept of long-term capital gain or loss. This refers to the profit or loss that occurs when a qualified investment is s...

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