FinTech Glossary

# 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

Recent Terms


  • Credit Market

    Credit market, also known as debt market, is a market where companies and governments offer debt to investors in he form of junk bonds, investment-grade bonds, and short-term commercial paper.  

  • Switching

    Switching is the process of transferring investments.  

  • Above Par

    Above par is a way of describing a bond's price when it trads above its face value.  

  • Cancellation

    A broker sends a notice to his or her client informing them that an erroneous trade was made and is being rectified.  

  • Risk Capital

    Risk capital points to the quantum of investment set aside to contemplate developments.  

  • India ETF

    India Equity-Traded Funds (ETFs) are intended to monitor the output of assets listed on an Indian stock exchange.  


  • Inflation

    Inflation is a quantitative measure of the rate at which an economy raises the average price level of selected goods and services over a period of time.  

  • Implementation Lag

    Implementation lag is the gap between an adverse macroeconomic occurrence and the response by government and central bank through implementing a corrective fiscal or monetary policy.  

  • Boon

    Boon refers to an event or situation that benefits investors for a brief period of time.  

  • Production Efficiency

    Production efficiency refers to a level of production at which additional quantities cannot be produced without sacrificing the production of another product.  

  • Near Money

    Near money is a term in financial economics, describing highly liquid non-cash assets that are easily convertible into cash.  

  • Law Of Diminishing Marginal Utility

    The law of diminishing marginal utility says that everything, if not equal to consumption, will increase the marginal utility procured from every additional declined unit.  

    Personal Finance

  • Inflexible Expense

    An inflexible expense is an expense that cannot be skipped or adjusted by a company or an individual.  

  • Deceased Account

    Deceased accounts are bank accounts that are owned by a person who is no more alive (deceased).  

  • Hot Hand

    The 'hot hand' is the notion that an individual or entity is more likely to have continued success because one has had a string of successes.  

  • Single-Life Payout

    A pension or annuity plan that is going to pay out the proceeds to only one individual is referred to as a single-life payout.  

  • Automated Valuation Model (AVM)

    Valuation is defined as the process of estimating the value of a given property.  

  • Post-Retirement Risk

    The word ‘post-retirement risk’ generally points to the set of probable risks that are posed at the financial security that an individual may come across once he or she retires.  


  • Natural Selection

    Natural selection is a mechanism by which organisms have characteristics that allow them to adapt to survive and reproduce in an environment, passing their genes onto the next generation.  

  • Life Cycle

    A life cycle is a series of events that gives birth to a new product and follows its development into a mature product and ultimately becomes a critical mass and decay.  

  • Not-for-Profit

    Non-profit organisations are types of organisations which don't make money for their members.  

  • Gig Economy

    The term "gig economy" means a general workforce environment, which includes short-term employment, contractual jobs, and independent contractors.  

  • Market Segmentation

    Market segmentation refers to dividing the market into different segments based on the common characteristics displayed by a group.  

  • Franchise

    A franchise is a form of license acquired by a party (franchisee) to allow them access to the proprietary knowledge, processes, and marks of a business (franchisor) in order to enable the party to sell a product or provide a service under the name of the business.  

    Financial advisor

  • Rebalancing

    Rebalancing is a process of reviewing and readjusting the weightage of the assets in a portfolio.  

  • Institute of Chartered Financial Analysts of India

    The Indian Institute of Chartered Financial Analysts (ICFAI) is a not-for-profit organisation registered under the Public Societies Registration Act of Andhra Pradesh (Telangana Area), 1350 Fasli (Act I of 1350 F).  

  • Securities Contracts

    The Securities Contracts (Regulation) Act, was enacted in the year 1956.  

  • Safety-First Rule

    The safety-first rule is a principle of modern portfolio theory ( MPT), which believes the risk is an inherent part of reaping a higher reward level.  

  • Chartered Advisor for Senior Living (CASL)

    A Chartered Advisor for Senior Living (CASL) is a certification or designation given to those individuals who are going to provide advises to elderly clients to gain financial security.  

  • Investment Advice

    Investment advice refers to suggestions or recommendations to any prospective investor who seeks to put money into any financial product or instrument.  


  • Arbitrage

    Arbitrage is the buying and selling of an asset at the same time to benefit from a difference in the price.  

  • Capital Risk

    Capital risk reflects the ability to lose part or all of an investment.  

  • Currency Peg

    A currency peg is when the government or monetary authority of a country fixes a specific exchange rate with a foreign country’s currency.  

  • Securities and Exchange Board of India (SEBI)

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

  • Price Stabilisation Fund (PSF)

    Price Stabilisation Fund is any fund created to absorb extreme volatility in selected commodity prices.  

  • Ex-Ante

    Ex-ante refers to a future event as in the possible returns via specific security or a company's returns.  

    Savings wealth management

  • Land

    The land refers to a property or real estate, except buildings and facilities allocated by fixed spatial boundaries.  

  • Sublease

    A sublease is a process of renting out a property to a third party by a tenant for a time period of the lease contract of the existing tenant.  

  • Savings Account

    A savings account refers to a bank or other financial entity holding interest-bearing savings account.  

  • Tenancy-at-Will

    Tenancy-at-will is a property tenancy where either the tenant, the owner or landlord may terminate at any time.  

  • Timeshare

    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.  

  • Delinquent

    Delinquent represents someone or something, which is unable to achieve the requirement as specified by a contractual agreement, duty, or law.  

Related Terms

    Personal Finance

  • Cost of Funds

    The cost of funds is the interest rate that financial institutions are paying on the funds they use in their business.  

  • Employee Provident Fund

    The Employee Provident Fund (EPF) is a retirement benefits scheme in which employees of an organisation contribute a small portion of their basic pay monthly.  

  • Forensic Audit

    A forensic audit is an analysis and review of the financial records of a company or person to extract facts, which can be used in a court of law.  

  • Showrooming

    Showrooming refers to the practice of checking out a product in a retail store before buying it from online retailers.  

  • Savings

    Savings represents an individual’s unspent earnings.  

  • Cramming

    Cramming is a memorisation technique or an emergency test-preparation strategy that involves an attempt to absorb extensive amounts of information within a short period of time, prior to an exam.  


  • Input Tax Credit

    Input tax credit refers to the mechanism of claiming a reduction of tax paid on the inputs of a business or profession.  

  • GST Rate

    Since the introduction of the Goods and Services Tax (GST) regime, there has been broad speculation about the GST rate slabs.  

  • GST Returns

    Every law requires that the registered person file the return in a certain format and within the period specified in the specific law.  

  • Cascading Effect

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

  • Supply Under GST

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

  • GST Refunds

    The word "refund" means, in basic terms, a sum of money that is returned to an individual when an event occurs.  


  • Cost Structure

    A cost structure means the types and relative proportions of fixed and variable costs incurred by the business.  

  • Specialisation

    The specialisation refers to a production method used by an entity to focus on the production of a limited scope of goods to profit from a higher degree of efficiency.  

  • Hypermarket

    A "hypermarket", sometimes called a "supercentre" or "superstore", is a big-box store with a supermarket and a department store combined.  

  • Marketing Mix

    The marketing mix refers to a set of actions or tactics used by a company for brand promotion in the market.  

  • Network Marketing

    Network marketing, which is also known as multi-level marketing, is a business model that includes a pyramid-structured network of individuals selling goods from a company.  

  • Brand

    A brand is a sign, label, logo, name, word, and/or sentence which companies use to differentiate between their products and others'.  

    Financial advisor

  • Financial Literacy

    Financial literacy refers to the ability to understand and apply different financial skills effectively, including personal financial management, budgeting, and saving.  

  • Capital Asset Pricing Model (CAPM)

    The Capital Asset Pricing Model (CAPM) refers to the relationship between systemic risk, especially stocks, and expected to return on the assets.  

  • Registered Investment Advisor (RIA)

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

  • Chartered Advisor for Senior Living (CASL)

    A Chartered Advisor for Senior Living (CASL) is a certification or designation given to those individuals who are going to provide advises to elderly clients to gain financial security.  

  • Investment Policy Statement (IPS)

    Investment Policy Statements (IPS) are documents that are drafted between an investor or a client and the folio manager.  

  • Currency Strategist

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


  • Beneficial Owner

    A beneficial owner is an individual who gets to enjoy ownership benefits even though the title to some form of the property is in the name of another individual.  

  • GBP

    The British pound sterling is referred to as the GBP.  

  • Fungibility

    Fungibility is the right to exchange a product or asset with other individual products or assets of the same kind.  

  • Ulcer Index (UI)

    The Ulcer Index (UI) is an indicator that calculates downside risk in terms of price declines both in magnitude and length.  

  • Prop Shop

    A prop-shop is a trading company that deploys its own resources to generate profits from trading.  

  • Growth Fund

    A growth mutual fund is a diversified portfolio of stock with the primary goal of capital appreciation over time, with minimal or nil payouts of dividends.  

    Corporate finance and accounting

  • Cost Accounting

    Cost accounting is a method of managerial accounting which aims to capture the total production cost of a business by measuring the variable costs of each production phase as well as fixed costs, such as a lease expense.  

  • Cash Book

    A cash book is a financial newspaper which includes all cash receipts and disbursements, including bank deposits and withdrawals.  

  • Ratio Analysis

    Ratio analysis is a quantitative procedure of obtaining a look into a firm’s functional efficiency, liquidity, revenues, and profitability by analysing its financial records and statements.  

  • Agency Problem

    The agency problem is a scenario of a conflict of interest which is inherent in all relations wherein one party is anticipated to operate in the best interests of another party.  

  • Non-Controlling Interest

    Non-controlling interest is also known as a minority interest.  

  • Shutdown Point

    A point at which a businessman thinks that there is no benefit in continuing the business operations and decides to shut down the business either temporarily or permanently is called the shutdown point.  

    Savings wealth management

  • Provident Fund (PF)

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

  • Earnest Money

    Earnest money refers to the deposit paid by a buyer to a seller, reflecting the good faith of a buyer in purchasing a home.  

  • Zero-balance account

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

  • Joint Account

    A joint account is a bank account, which is shared by two or more individuals.  

  • Senior Citizens Saving Scheme (SCSS)

    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.  

  • Land

    The land refers to a property or real estate, except buildings and facilities allocated by fixed spatial boundaries.