Medi Assist Healthcare IPO

Home Financial Terms

Finance Wiki

Trending Categories

All Financial Terms Financial Instruments Market Entities Corporate Actions Public Offerings Fixed Income Instruments Currency Commodity Mutual Funds Derivatives Trading Terms Taxes

More

Derivatives Trading Terms Taxes Property Fixed Income Credit Cards Options and Futures Stocks Insurance IPO Technicals Retirement Planning Loans Gold Bank Deposits

A

B

C

D

E

F

G

H

I

J

K

L

M

N

O

P

Q

R

S

T

U

V

W

X

Y

Z

#

Financial Terms

Nominee

This individual is authorized to act on behalf of the investor in case of any unforeseeable circumstances such as death or incapacitation.

A Nominee refers to an individual entrusted with the task of protecting the securities held by an investor. In case of any unfortunate events such as death or inability to act, this person is authorized to act on behalf of the investor. This role is crucial in ensuring that the investments are not left unattended and vulnerable. It is important to carefully choose a trustworthy and reliable nominee for one's investments.

Income Scheme

The returns are generated through dividends, interest, and capital gains. An Income Scheme is a valuable investment opportunity that allows investors to regularly contribut...

More

Borrowed Capital

This borrowed capital can come from various sources such as banks, financial institutions, or even individuals. In return, the borrower is expected to pay back the borrowed c...

More

GBP

One pound is divided into 100 pence. The pound sterling is one of the oldest currencies in the world, dating back to the Anglo-Saxon era. Its value is influenced by various e...

More

Joint Account

It is a common practice among couples, business partners, or family members. Joint accounts offer the convenience of pooling resources and simplifying financial transactions....

More