FinTech Glossary

margin call

3 May 2024

A margin call is when the value of the margin account goes below the account’s maintenance requirements or the broker’s required amount.

Bailment

3 May 2024

Bailment represents a legal relationship wherein the physical possession of a chattel or personal property is transferred from one individual to another individual who will subsequently get the property’s possession but not the entire ownership.

Dealer

3 May 2024

If you follow business or finance news, you must have come across the term dealer quite often.

Cherry Picking

3 May 2024

Cherry-picking refers to the method of picking out the best-performing securities in the market.

Year to date,YTD

3 May 2024

Year to Date is used in reference to determining the period of time from a start date to the current date.

Lucrative

3 May 2024

Being lucrative means an item or an idea that is able to produce a lot of income.

Seigniorage

3 May 2024

Seigniorage refers to the profit made by a government from minting currency.

Tariff, Tariff Meaning

3 May 2024

## Defining Tariff

When goods and services are traded between two nations, it is called international trading.

e-Stamp, e-Stamping

3 May 2024

When buying or selling a property, you have to pay stamp duty charges on the property to the government.

Contempt of Court

3 May 2024

The word 'Contempt of Court' is a generic word describing a behaviour concerning particular proceedings before a court of law which tends to weaken that system or prevent people from using it to settle their disputes.

Black Economy

3 May 2024

The black economy refers to the country’s economic activity consisting of business dealings, which are outside the formal economy.

Egalitarianism

3 May 2024

Egalitarianism is a principle of treating all persons as equal without any differences due to gender, economic status and other factors.

Transactor

3 May 2024

A transactor is defined as a consumer who is settling his or her full credit card balance on time when a billing cycle ends.

Limited Common Elements

3 May 2024

Limited Common Elements are properties of a condominium which are not exclusive to any particular unit dweller.

Pradhan Mantri Awas Yojana (PMAY)

3 May 2024

Narendra Modi, the Prime Minister of India, launched the Pradhan Mantri Awas Yojana (PMAY), on 1 June 2015.

nabard

3 May 2024

As we all know, the development in the rural areas has always been a lot slower than the urban areas, given the lack of resources and the lack of proper institutions.

Pyramid Scheme

3 May 2024

It basically is an unsustainable business model where a few top-level members recruit a set of newer members and this is called a pyramid scam.

Vested Interest

3 May 2024

In general, a vested interest refers to a personal stake or involvement in a project, investment, or result.

Exemption

3 May 2024

Exemption implies being not liable to do something, given as a relief.

Tax Liability

3 May 2024

Tax liability refers to the income tax, other direct taxes, and indirect tax liability levied by the government.

Cascading Effect

3 May 2024

One of the primary goals of a taxation system involves stopping the "taxation over taxes" or "cascading-effect" of incident taxes.

Effective Tax Rate

3 May 2024

The term effective tax rate is used in the context of direct taxes or income tax.

TA,Travelling Allowance

3 May 2024

Transport allowance means allowance that has been granted for the purpose of transport.

Dividend Distribution Tax (DDT)

3 May 2024

An equity shareholder receives a dividend, which is the return of the profits earned by the company in a particular year.

Negotiation

3 May 2024

Negotiation is a strategy that settles a matter in an acceptable way to all the parties.

Overhead

3 May 2024

Overhead refers to a business expense which remains fixed in nature.

Business Plan

3 May 2024

A business plan means a document which is a written detailed description of how business, usually a new one, will achieve its goals.

Board of Trustees

3 May 2024

A board of trustees refers to a set of individuals usually formed as a governing body or governing board of an organisation.

Absenteeism

3 May 2024

Absenteeism is a regular practice of absence from a duty or responsibility but for not a good purpose.

Consignment

3 May 2024

Consignment is a commercial agreement where a company, often called a consignee, agrees to pay a seller or consignor for selling products.

Registered Investment Advisor (RIA)

3 May 2024

Registered Investment Advisor (RIA) is an individual or a firm that advises high net worth individuals on investments and manages their portfolios.

Advisor Fee

3 May 2024

An advisor fee is an amount paid as consulting charges for advisory services in matters connected with financial services, money management, and other investment advisory services.

Open Architecture

3 May 2024

Open architecture is used to define the ability of a financial institution to deliver proprietary, as well as external products and services to clients.

Currency Strategist

3 May 2024

A currency strategist refers to a professional who works in the currency market.

Investment Advisory Representative (IAR)

3 May 2024

An investment advisory representative or IAR is one who gets a license to provide investment advice.

Thomson First Call

3 May 2024

Thomson First Call was a member of the company, Thomson Financial unit.

Average Return

3 May 2024

The average return refers to the simple mathematical average of a series of returns generated over some time.

Securities and Exchange Board of India (SEBI)

3 May 2024

Securities and Exchanges Board Of India (SEBI) is one of the most significant regulatory body responsible for managing the securities market in India.

Bid-Ask Spread

3 May 2024

A bid-ask spread refers to an amount by which the bid price for an asset on the market exceeds the bid price.

Common Stock Trading Terms Every Trader Should Know

3 May 2024

Gainers are the stocks that tend to close with a higher price than what they opened with/their previous close price in an intraday market.

Risk

3 May 2024

Risk means potential uncertainty regarding deviation from expected earnings or outcome.

Transaction Exposure

3 May 2024

Transaction exposure is the extent of uncertainty related to all business entities concerned in multinational trade activity.

Novation

3 May 2024

Novation is the act of replacing a legitimate existing contract with a new contract, where the transfer is mutually agreed by both parties concerned.

Pyrrhic Victory

2 May 2024

Pyrrhic victory refers to a victory or success that comes at the expense of big loss or cost.

multiple linear regression

3 May 2024

Multiple linear regression, commonly known as multiple regression, is one of the most common forms of regression analysis.

Altman Z-Score

3 May 2024

Altman Z-Score is the measure of creditworthiness of a company, irrespective of it being privately or publicly held.

Gearing

3 May 2024

Gearing is the ratio of a company's debt to equity.

Rump

3 May 2024

The term rump is used mostly in the context of a company’s merger or acquisition.

Housing Bubble

3 May 2024

A housing bubble is also referred to as a real estate bubble.

Dissaving

3 May 2024

Dissaving refers to the behaviour where an individual spends money beyond the available income.

Drop

3 May 2024

Drop is also referred to as the roll price.

Senior Citizens Saving Scheme (SCSS)

3 May 2024

The Senior Citizens Savings Scheme (SCSS) was implemented with the main objective of providing daily income for senior citizens in the country after they hit the age of 60 years.

Provident Fund (PF)

3 May 2024

A provident fund is a government-managed, mandatory retirement savings scheme used in India, Singapore, and other developing nations.

Gentrification

3 May 2024

Gentrification is characterized as transforming a neighbourhood, from low to high value, contributing to a community.