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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.

Heat Maps

The Heat Map is a powerful tool used in finance to analyze stock performance and provide an overview of the market. Its user-friendly interface uses color-coding to present ...

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Gold Funds

A common investment option known as Gold Funds involves pooling money from multiple investors and utilizing it to invest in different forms of gold. These funds typically of...

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Flexible Exchange Rate System

In finance, we often encounter a term known as the "floating exchange rate". This refers to a rate that is determined by the forces of supply and demand in the foreign excha...

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Gross National Product (GNP)

Gross National Product, or GNP, represents the total value of goods and services produced by a country in a given year, as well as the net income from investments made by in...

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