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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.

Guaranteed Surrender Value

As a policyholder, you are responsible for paying a fixed amount of premiums, which is known as the assured sum. However, there are certain exceptions to this rule, such as ...

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Foreign Inward Remittance Certificate

It is issued by banks authorized by the Reserve Bank of India. In the world of international finance, one important document that holds significant value is the Foreign Inw...

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Junk Bonds

A Junk Bond, or high-yield bond, is a form of debt issued by a company with a less-than-ideal credit rating. These bonds offer higher interest rates than traditional corpora...

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Laggard

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...

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