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Financial Terms

GDP

It is used as a measure of a country's economic growth and overall wealth.

Let's discuss one of the key terms in the world of finance - the gross domestic product (GDP). This metric represents the total value of all goods and services produced within a country's borders during a specific timeframe. In simpler terms, it reflects a nation's economic activity and its overall prosperity. As we delve deeper into the intricacies of finance, understanding the significance of GDP becomes crucial. It not only helps us evaluate a country's economic progress but also provides insights into its future prospects.

Half Stock

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...

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Lower Circuit

Market downturn refers to a persistent decline in the overall value of the stock market. This can make it challenging for investors to sell their assets and exit the market....

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Audit

Think of an audit like a deep dive into a company's financial closet by someone with a really keen eye, called an auditor. The auditor rummages through all the company's money...

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Nostro Account

This account allows the bank to make international transactions and facilitates foreign exchange operations. A Nostro Account, also referred to as a correspondent account, i...

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