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Loans

Allotment

In the world of finance, we often come across the term "subscription" when it comes to investing in a company. Simply put, subscription is the process of accepting an application to purchase shares of a company. This establishes a contractual agreement between the investor and the company, forming the basis of the investment through public subscription. Now, let's dive deeper into the intricacies of this important financial term.

Penal interest

In the realm of finance, it is crucial to understand the concept of penal interest. This term refers to the additional fees incurred when a borrower fails to make timely ins...

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Acceptance Letter

When you receive your sanction letter, it is important to carefully review the terms and conditions of the loan. If you are satisfied with the terms, you must then confirm y...

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Flat rate

As a finance professor, I'm sure you are familiar with the concept of annual interest on loans. But have you ever wondered how it is calculated? Let's dive into the world ...

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Stamp Duty

When we talk about finance, one term that often comes up is "stamp duty." This refers to the fee or duty that is paid on various financial documents, and the rate varies fro...

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