What is Loan Amortization ?
by This is generally the term used in paying Loan installments.The reduction of an amount at regular intervals over a certain time period.
Tag: MF FAQs
What is Accrual Basis ?
A method of accounting that recognizes revenues and expenses as they accrue, even though cash would not have been received or paid during the accrual period.
Define Arbitrage
The simultaneous purchase and sale transactions in a security or a commodity, undertaken in different markets to profit from price differences.
What is Quasi Equity ?
Certain items though not contributed by owners can be considered under NW or capital to improve DE Ratio, such as, subsidy, seed capital assistance, unused loans backed by, pegging letter, amount of debentures which is compulsorily convertible to shares within a period of 18 months from their date of issue.
What is Trust Receipt (TR) ?
Goods pledged as security or covered under a bill purchased, can be given to the borrower against a TR for enabling him to sell & deposit sale proceed to the Bank & return unsold goods to Bank. This TR finance is a clean advance.
What is a Mutual Fund?
Mutual fund is process of pooling the resources by issuing units to the investors and investing funds in different securities in accordance with objectives as per the disclosed offer document.Under Mutual Fund the investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is reduced. Diversification reduces the […]