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Financial Terms

KYC

It helps in preventing fraud and financial crimes such as money laundering. The process involves collecting information about a customer's identity, occupation, and source of income.

KYC, or "Know Your Customer," is a crucial concept in the world of finance. It enables institutions to ensure the legitimacy of their customers and prevent potential financial crimes. By collecting details like identity, occupation, and source of income, KYC helps institutions stay vigilant and protect against fraud and money laundering. In other words, it's a necessary step towards maintaining the integrity and security of the financial industry.

Accrued Interest

Accrued Interest refers to the accumulated sum of interest that has been earned on an investment or debt obligation but has not been disbursed to the recipient yet. It represe...

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Average P/E Ratio

One of the fundamental metrics utilized in finance is the price-to-earnings ratio. This ratio enables a company to assess their current share price in relation to their ear...

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Head and Shoulders

- The technical analysis of charts involves identifying patterns that signal changes in market trends. One such pattern is the reversal pattern, which can indicate a shift fr...

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Financial Planning

It involves setting financial goals, assessing assets and liabilities, evaluating risk tolerance, and developing strategies to reach those goals. This process requires a deep...

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