FinTech Glossary

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    Investing

    Open Offer

    3 May 2024

    An open offer takes place when the company wishes to raise capital efficiently.

    Book Value

    3 May 2024

    An asset's book value is equal to its carrying value on the balance sheet, and companies calculate it using the total net value of the asset against its accumulated depreciation.

    Redemption Fee

    3 May 2024

    The redemption fee is the charges levied on an investor when he or she decides to redeem the investment by selling the fund units held.

    Underweight

    3 May 2024

    Underweight refers to the stock rating in an investment portfolio.

    Bear

    3 May 2024

    A bear market is a situation in which stock prices fall from recent highs by 20% or more, amid widespread pessimism and negative investor sentiment.

    Cleantech

    3 May 2024

    Cleantech is a theory of investing used by investors who plan to benefit from environment-friendly companies.

    Economy

    Disinflation

    3 May 2024

    Disinflation is a decrease in inflation rates.

    Labour Productivity

    3 May 2024

    Labour productivity is a measure of labour output.

    Nobel Memorial Prize In Economic Sciences

    1 May 2024

    The Royal Swedish Academy of Sciences - Economic Sciences Prize Committee reviews the nominations and chooses the final Nobel Memorial Prize candidates in Economic Sciences.

    Free Market

    3 May 2024

    The free market is a supply and demand-oriented economic system with little or no government control.

    macroeconomics

    3 May 2024

    Macroeconomics is a branch of economics that studies how the overall economy functions and economy wide phenomena such as inflation, Gross Domestic Product, unemployment, national income etc.

    finance bill

    3 May 2024

    Finance Bill refers to the bill that is strongly representative of the country’s finances, about what is paid in amount and what is received.

    Personal Finance

    Wholesale Banking

    3 May 2024

    Wholesale banking refers to those banking services that are offered to institutional customers, government agencies, local governments, companies with huge balance sheets etc.

    Excess Judgment Loss

    3 May 2024

    Excess judgment loss is the additional loss that an insurer has to pay above the policy limit.

    cyber monday

    3 May 2024

    Cyber Monday is an e-commerce term relating to the Monday following the U.

    Margin Debt

    3 May 2024

    Margin debt is the debt incurred by brokerage customers who use margin account for trading.

    Insurance Coverage Area

    3 May 2024

    The area protected by the insurance policy refers to the geographical location in which the benefits of an insurance policy apply.

    Insurance Coverage

    3 May 2024

    Insurance coverage is the amount of coverage set forth by the insurer to the policyholder.

    Taxation

    Income

    3 May 2024

    The sum of money which a business or an individual receives in exchange of sale of goods or services, or through capital investment is known as income.

    Standard Deduction

    3 May 2024

    The Central Government collects income tax from your taxable income.

    Supply Under GST

    3 May 2024

    Under Goods and Services Tax (GST), supply is viewed as a taxable case for tax charges.

    Property Tax

    3 May 2024

    Taxes are said to be a significant source of revenue for the government.

    Reinvestment

    3 May 2024

    The taxpayers can minimize or avoid paying tax by reinvesting capital gains from residential house property under the Income Tax Act, 1961.

    House Rent Allowance (HRA)

    3 May 2024

    There are many expenditures for an employee and one of the major expenses for an employee is house rent.

    Business

    CPM - Cost Per Thousand

    2 May 2024

    Cost per thousand (CPM), also recognised as cost per mille, is a marketing term used to indicate the price of one thousand advertisement impressions on one web page.

    ISO 9000

    1 May 2024

    ISO 9000 refers to international standards developed by the International Organisation for Standardisation (ISO) for quality management and quality assurance.

    C-Suite

    3 May 2024

    C-Suite refers to the board of a company, the group of people who are in charge of a company’s management.

    Economies of Scale

    3 May 2024

    Economies of Scale refer to cost advantages that businesses reap when production turns efficient and effective.

    Interpersonal Skills

    2 May 2024

    Interpersonal skills are the talents that we use every day when communicating and engaging with other people, both personally and in groups.

    Feasibility Study

    3 May 2024

    A feasibility study refers to an assessment of the viability of a project.

    Financial Advisor

    Optimized Portfolio As Listed Securities (OPALS)

    2 May 2024

    It is a single-country stock index with fewer holdings than the benchmarked index.

    Tax Advisor

    3 May 2024

    A tax advisor is an individual who is a financial expert holding specialized tax accounting, tax law knowledge, and know-how.

    Customer's Loan Consent

    3 May 2024

    A customer's loan consent is a contract which is executed between a brokerage customer and broker cum dealer, which permits the latter to lend securities and assets in the margin account held by the customer.

    Alpha Generator

    3 May 2024

    An alpha generator refers to any security that generates excess returns or returns higher than a pre-selected benchmark with no additional risk when added to an existing portfolio of assets.

    Cluster Analysis

    3 May 2024

    It is a method used to group sets of objects that share similar properties.

    Human-Life Approach

    2 May 2024

    The human-life method refers to a method of calculating the necessary insurance protection for loss of life.

    Trading

    Active Index Fund

    3 May 2024

    An active index fund is an asset basket where the fund manager builds the initial investment with assets from a benchmark index and either adds unrelated securities to the underlying index or eliminates existing index components intending to achieve higher portfolio results.

    Current Delivery

    3 May 2024

    Current delivery refers to when a futures contract requires delivery of the underlying commodity to take place in the current month.

    Magic Formula Investing

    3 May 2024

    Magic formula investing is an investment strategy modelled by Joel Greenblatt.

    Grading Certificate

    3 May 2024

    A grading certificate is a document issued by the inspectors or an accredited grading panel officially indicating a commodity's quality.

    Price Discovery

    3 May 2024

    Price discovery is a process which determines market prices, mostly through interactions between buyers and sellers.

    Managed Account

    3 May 2024

    It is an investment account owned by a single investor—an institutional investor, an individual investor, or a retail investor.

    Corporate Finance And Accounting

    Cost of Debt

    3 May 2024

    The debt cost is the effective rate of interest a firm pays on its debts.

    Apportionment

    3 May 2024

    An apportionment is the separation of sales, expenditures, or income that are then distributed to different accounts, divisions, or subsidiaries.

    Rump

    3 May 2024

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

    Systematic Sampling

    3 May 2024

    Systematic sampling is a probability sampling method in which sample members are chosen from a larger population as per a random starting point but with a periodic, fixed interval.

    Write-Up

    3 May 2024

    A write-up means an increase in the book value of an asset as its carrying value is higher than the fair market value.

    Bottom Line

    3 May 2024

    The bottom line in the accounting context refers to a company’s profit, net income, earnings, or earnings per share.

    Savings/Wealth Management

    Timeshare

    3 May 2024

    Timeshares are split ownership models of a vacation real estate or accommodation in which numerous buyers hold allotments of usually in a week’s increment within the same property.

    Zero-balance account

    3 May 2024

    There are numerous benefits of having a deposit with the bank.

    Escrow Agreement

    3 May 2024

    An escrow agreement is a legal agreement, which describes the terms and conditions applicable to the participants involved.

    Takeout

    3 May 2024

    A takeout loan or takeout funding refers to long-term financing that the lender assures to provide on a specific date or when specific project completion criteria are met.

    Voluntary Retirement Scheme

    3 May 2024

    A Voluntary Retirement Scheme or VRS is a scheme that is offered by many companies to give employees the freedom to take voluntary retirement before they reach the age of retirement.

    Warranty Deed

    3 May 2024

    A warranty deed is a document sometimes used in real estate, which offers the buyer of property the greatest amount of insurance.

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