Medi Assist Healthcare IPO

Explore
Open Demat Account Login
Finance Wiki
Trending Categories
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
#

Loans

Borrower category

In the realm of finance, it is crucial to determine the status of a borrower - whether they are salaried or self-employed. This distinction holds immense significance as it affects the loan approval process and the interest rates offered. A salaried borrower is one who receives a fixed income from an employer, whereas a self-employed individual is one who runs their own business. Understanding this difference is essential in making informed financial decisions. So, the next time you apply for a loan, remember to accurately define your employment status.
Explore other categories
All terms and concepts related to stocks, also known as equities, which represent ownership shares i
Learn More
All terms and concepts related to the placement of money in a bank account, including savings accoun
Learn More
All terms and concepts related to mutual funds, which are investment vehicles that pool funds from m
Learn More
All terms related to various types of organizations or individuals, like investors, banks, insurers,
Learn More
All terms and concepts related to borrowing money, including different types of loans, interest rate
Learn More
All terms and concepts related to insurance, which is a financial arrangement that provides protecti
Learn More
All terms & concepts related to financial contracts whose value is based on an underlying asset,
Learn More
The "Property" category in finance encompasses all aspects related to real estate and tangible asset
Learn More
All terms and concepts related to the precious metal gold, including its price, trading, investment,
Learn More
All terms related to the basic goods used in commerce that are interchangeable with other goods of t
Learn More
Enjoy Zero Brokerage On Stock Investments
Send App Link