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Financial Terms

Market Lot

Let's delve into the world of finance and explore the concept of Market Lot. This term refers to the quantity of stocks that an investor or trader buys in a single transaction. However, when it comes to options contracts, the Market Lot represents the number of contracts in a derivative security. Essentially, the Market Lot serves as a unit of measurement in the stock market, facilitating smooth trading and investment activities.

NEFT

NEFT, or National Electronic Funds Transfer, plays a crucial role in facilitating the movement of funds between different banks. This system enables individuals to transfer ...

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Direct Tax

, corporate tax, property tax, etc. In the realm of finance, it is crucial to understand the concept of direct tax and its implications for individuals and organizations ali...

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Union Budget

As a finance expert, it is vital to understand the government's financial statements. These reports provide a detailed breakdown of all expenditures and revenues, including ...

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Add-on Method

The concept of precomputing interest on a loan involves calculating the interest that will be accrued in advance and adding it to the principal balance. It is important to men...

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