FinTech Glossary

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    28 February 2024

    Metrics are the quantitative measures used for assessing, comparing, and tracking performance.


    29 February 2024

    Monero is a digital currency which offers users and their transactions a high degree of anonymity.


    29 February 2024

    A rating is an evaluation of a bond or stock done by a rating agency or analyst after carefully studying it.

    Forfeited Share

    29 February 2024

    A forfeited share is an equity share investment which is cancelled by the issuing company.


    29 February 2024

    Having a fixed and stable income is important to lead a financially independent life.

    Investment Banker

    29 February 2024

    An investment banker is a person who often operates as part of a financial institution and who is concerned primarily with raising capital for companies, governments, or other organisations.


    Special Drawing Rights (SDR)

    29 February 2024

    Special Drawing Rights, usually denoted as SDR, were set up in the year 1969.


    29 February 2024

    Condemnation refers to the process adopted by the government of seizing of private property for public use.

    Fiscal Neutrality

    29 February 2024

    Fiscal neutrality refers to a situation where neither the government’s public expenditure nor the tax policy affects the demand in an economy.


    29 February 2024

    If you are a regular reader of the economics sections in the newspaper or are at all interested in the economics world to follow all the news related to it, you must have heard the term austerity quite often.

    Law Of One Price

    29 February 2024

    The Law Of One Price (referred to as LOOP) is an economic theory which states that the price of identical goods in various markets must be the same after taking into consideration the currency exchange, i.


    29 February 2024

    Underemployment is a condition in which workers are employed in less than full-time or regular jobs or insufficient jobs for their training or economic needs.

    Personal Finance

    Vested Interest

    29 February 2024

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

    Renewable Term

    28 February 2024

    The renewable term is a section covered under term insurance, and it allows the nominee or beneficiary to stretch the term of the policy without having to go through the qualification criteria for the extended coverage.

    Target-Benefit Plan

    29 February 2024

    Target-benefit plans are those plans that are similar to defined benefit plans under which the contributions are made depending on the forecasted benefits of retirement.


    29 February 2024

    We hear the term EMI very often in our day-to-day life.


    29 February 2024

    Redeposit, regarding qualified retirement accounts, is a mandatory repayment of money withdrawn from a retirement or pension account from an employee to circumvent fines and penalties.

    p2p lending

    29 February 2024

    Peer to Peer Lending or P2P Lending is also called crowdfunding or social lending wherein money is raised and obtained by appealing to individuals over using financial institutions as the middlemen.


    Business Expenses

    29 February 2024

    Businesses and professionals have to incur several expenses to earn income.


    29 February 2024

    We would have often heard about well wishers or good samaritans contributing money for a specific cause.

    Standard Deduction

    29 February 2024

    The Central Government collects income tax from your taxable income.

    Tax Avoidance

    29 February 2024

    Tax is a source of revenue for a government of a country through which it endeavours to provide better infrastructure, the standard of living, and security to its residents.


    29 February 2024

    Duty can either be a form of taxation or a personal obligation.

    Exempt Income

    29 February 2024

    Exempt income refers to certain kinds of income that is non-taxable for the taxpayers.



    29 February 2024

    Standardisation is a system of agreements that must be adhered to by all relevant parties in an industry or organisation to ensure that all processes associated with the production of a service's success are undertaken within the guidelines set out.


    29 February 2024

    Segment refers to a component of a business organisation which deals with distinct products or services.


    29 February 2024

    A receipt refers to a written record or acknowledgement of paying a sum of money in return for goods or services.


    29 February 2024

    Outsourcing is a business practice, where a company hires another company to carry out some of its business functions.

    Free On Board, fob meaning

    29 February 2024

    Free on board (FOB) is a financial and contractual term which is used to indicate if the buyer and seller is responsible for the goods that are damaged or destroyed during shipping.


    29 February 2024

    A bottleneck is that situation, where congestion occurs in a production system.

    Financial Advisor

    Asset Allocation

    29 February 2024

    Asset allocation is a strategy in investments that intends to balance the risk and rewards by allocating a portfolio’s capital assets as per the individual’s risk profile, goals, and investment horizon.


    29 February 2024

    Cross-selling means offering goods similar to or equivalent to an established consumer.

    Currency Strategist

    29 February 2024

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

    Investment Objective

    29 February 2024

    An investment objective is one of the few parameters that a financial advisor, asset management company, or Robo-advisor require in order to determine the assets in the portfolio of their clients.

    Certified Consumer Debt Specialist (CCDS)

    29 February 2024

    Certified Consumer Debt Specialist (CCDS) refers to a degree obtained by passing the debt settlement certification program.

    Alpha Generator

    29 February 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.



    29 February 2024

    In financial terms, a rebound means a turnaround from previous adverse behaviour, such as a business reporting strong results after a year of losses or launching a successful product line after a period of struggle.

    Class B Shares

    29 February 2024

    Commonly, Class B shares are held by promoters or senior management of a company and carry significantly higher voting rights than Class A shares.

    Good Through

    29 February 2024

    A good through is a kind of limit order used to purchase or sell a security or asset for a specified period at a specific price.


    29 February 2024

    Illiquid points to the status of a share, bond, or any other asset which cannot be sold or exchanged for cash at easy, with no significant loss in doing so.

    Price Stabilisation Fund (PSF)

    29 February 2024

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

    Break-Even Price

    29 February 2024

    A break-even price refers to the price point at which an investor or trader is neither at a profit nor at a loss.

    Corporate Finance And Accounting


    29 February 2024

    An auditor is an individual approved to review and check the accuracy of financial reports and to ensure compliance with tax laws by corporations.

    Accrued Income

    29 February 2024

    Accrued profit has been obtained but is not yet receivable.


    29 February 2024

    Statistics is a class of mathematical study which will use representations, quantified models, and synopses for a given set of real-life studies and experimental data.


    29 February 2024

    Accrue refers to an accumulation of benefits or making a provision for expense or charge.

    waterfall model

    29 February 2024

    The waterfall model is a classic model that has been used in the system development life cycle.

    Red Flag

    29 February 2024

    A red flag is a warning or an indication that the stock, financial statements, or news reports of business pose a possible issue or a threat.

    Savings/Wealth Management


    29 February 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.


    29 February 2024

    Drop is also referred to as the roll price.


    29 February 2024

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

    Caveat Emptor

    29 February 2024

    Caveat emptor is a neo-Latin word meaning "let the buyer be vigilant.

    Smart Home

    29 February 2024

    A smart home refers to a simple home setup where appliances and equipment can be operated remotely via a smartphone or networked computer from anywhere with internet access.

    Social Commerce

    29 February 2024

    Social commerce is the use of networking platforms, such as Facebook, Instagram, and Twitter, as tools for product and service advertising and sales.

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