FinTech Glossary

Scroll Top



    etf stock

    25 February 2024

    A stock exchange-traded fund (ETF) is a security that monitors a specific group of equities.

    Crude Oil

    25 February 2024

    Crude oil is a type of unrefined, fossil fuel that is composed of hydrocarbon deposits and other organic deposits.

    mcx,Multi Commodity Exchange

    26 February 2024

    Multi Commodity Exchange (MCX) is an exchange where commodities like crude oil, lead, gold, etc are traded.

    multibagger stocks,multibagger

    26 February 2024

    The term ‘multibagger’ was coined first by Peter Lynch in his book ‘One Up On Wall Street’, referring to stocks that return many times over the original investment i.


    26 February 2024

    A gain is defined as the increase in the value of an asset class, such as shares and bonds over time.


    26 February 2024

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



    25 February 2024

    Bundling is when companies pack their different products or services together as a single combined component, perhaps at a lower price than customers would be charged separately to purchase each item.

    Producer Surplus

    26 February 2024

    Producer surplus is the difference between the amount at which a producer is willing to sell the goods and the actual amount at which the goods are sold when he makes the final trade.

    Gross National Product (GNP)

    26 February 2024

    The total value of all finished goods and services provided by a country's citizens during a given financial year is known as Gross National Product (GNP).

    Annual Percentage Rate,apr

    25 February 2024

    The rate at which you pay an yearly interest for a loan or the interest that you receive in your deposit account is the Annual Percentage Rate or APR.

    Net Exports

    25 February 2024

    Net exports are a measure of a country's total trade of goods and services.

    Separation Of Powers

    25 February 2024

    Separation of powers implies the division of roles, responsibilities, and powers offered by two different positions in two different hands.

    Personal Finance

    Voluntary Conveyance

    25 February 2024

    Voluntary transfer refers to an elective transfer of title from one person to another without proper consideration.

    Buyout Settlement Clause

    25 February 2024

    A buyout settlement clause is a provision in an insurance policy that allows the insured to reject a proposed claim settlement made by the insurance company and the claimant.


    26 February 2024

    Savings represents an individual’s unspent earnings.

    ECS,Electronic Clearance Service

    26 February 2024

    Going cashless is somewhat the motto of digital India and in a way also of the digital world wherein we make most of our payments through electronic means, be it card, UPI or any other mode of transfer.

    Open-End Credit

    26 February 2024

    Open-end credit is a preapproved loan that a bank or financial institution lends to a borrower.

    Systematic Withdrawal Plan (SWP)

    26 February 2024

    It is a scheduled investment withdrawal plan that is generally used in retirement.


    Value-Added Tax (VAT)

    26 February 2024

    A value-added tax, popularly known as VAT, is a tax added to a product at every stage in the supply chain and is based on the value added.


    26 February 2024

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

    GST Refunds

    26 February 2024

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

    Alternative Minimum Tax (AMT)

    26 February 2024

    Government has introduced various incentives and profit-linked deductions to encourage investments in different industries.

    GST Rate

    26 February 2024

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

    Payroll Tax

    25 February 2024

    Payroll tax refers to taxes withheld by an employer from an employee’s salary.


    Batch Processing

    25 February 2024

    Batch processing is the mechanism by which a computer completes batches of tasks in non-stop, sequential order, often simultaneously.


    26 February 2024

    AGMARK, or Agriculture Mark, is the certification mark to assure the quality of agricultural products in India.


    25 February 2024

    Haggling is a kind of negotiation in which the purchaser and seller of a good or service decide the price and exact purpose of a deal.

    Duty of Care

    26 February 2024

    Duty of care applies to a fiduciary responsibility held by the directors of the company that demands them to live up to a certain level of treatment.


    25 February 2024

    A markup is a difference between the lowest current offer price of investment by broker-dealers and the price paid to the client for that investment.


    25 February 2024

    Adware is software that shows ads on a computer screen or mobile device, redirects search results to advertisement websites, and collects user data for marketing purposes.

    Financial Advisor

    Thomson First Call

    25 February 2024

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

    Certified Consumer Debt Specialist (CCDS)

    25 February 2024

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

    Recession Rich

    25 February 2024

    Recession rich refers to a slang phrase for someone who continues to be financially sound even during a recession.

    CA,Chartered Accountant

    26 February 2024

    Chartered Accountant is a person who holds a professional, internationally acclaimed degree that holds proficiency in the field of accounting.

    Investment Objective

    25 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.

    Registered Investment Advisor (RIA)

    26 February 2024

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


    Rolling Settlement

    25 February 2024

    A rolling settlement is a method of settling asset trades on continuous days depending on the particular date on which the original trade was placed.


    26 February 2024

    When two parties agree to a transfer, one party will be the transferor, and the other party is known as the transferee.

    Bag Holder

    26 February 2024

    Bag holder is an informal term which describes investors holding a position in assets that reduce in value until it becomes entirely worthless.


    26 February 2024

    Greenmail is the method of buying enough shares in a company to attempt a hostile takeover to repurchase the target company's shares at a premium instead.


    25 February 2024

    Underwater is the term for an asset or a financial contract worth less than its notional value.

    dark web

    26 February 2024

    The websites available on the encrypted network on the internet that is not indexed by conventional search engines is known as the dark web.

    Corporate Finance And Accounting

    Financial Analysis

    26 February 2024

    Financial analysis is the method of reviewing companies, programs, expenditures, and other activities relevant to finance to assess their performance and appropriateness.

    Wholly Owned Subsidiary

    26 February 2024

    A wholly-owned subsidiary is a corporation with 100% shares held by another corporation, the parent company.


    26 February 2024

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

    Forensic Accounting

    25 February 2024

    Forensic accounting will make use of auditing, accounting, and investigative skills and knowledge to assess and examines the finances belonging to an individual or company.

    Noncurrent Assets

    26 February 2024

    A company's long-term investments for which full value will not be realised within the accounting year is known as noncurrent assets.

    D/E,debt equity ratio

    26 February 2024

    Debt to Equity ratio is a financial and a liquidity ratio that indicates how much debt and equity a company uses.

    Savings/Wealth Management

    Deposit Interest Rate

    26 February 2024

    The deposit interest rate is paid by a bank or financial institutions to account holders who have deposited with them.

    Savings Account

    26 February 2024

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


    25 February 2024

    Impound refers to an escrow account which a mortgage company maintains to collect certain amounts, such as insurance and taxes on a property.

    Automatic Savings Plan

    26 February 2024

    An automatic savings plan is a form of a personal saving scheme in which the donor to the plan automatically deposits a fixed sum of funds into his account at prescribed intervals.


    25 February 2024

    Attornment happens when a homeowner considers a new property owner as their landlord.

    Construction Loan

    26 February 2024

    A construction loan, also known as a self-build loan, is a short-term loan used to finance the construction of a home or other real estate project.

    Clear offers taxation & financial solutions to individuals, businesses, organizations & chartered accountants in India. Clear serves 1.5+ Million happy customers, 20000+ CAs & tax experts & 10000+ businesses across India.

    Efiling Income Tax Returns(ITR) is made easy with Clear platform. Just upload your form 16, claim your deductions and get your acknowledgment number online. You can efile income tax return on your income from salary, house property, capital gains, business & profession and income from other sources. Further you can also file TDS returns, generate Form-16, use our Tax Calculator software, claim HRA, check refund status and generate rent receipts for Income Tax Filing.

    CAs, experts and businesses can get GST ready with Clear GST software & certification course. Our GST Software helps CAs, tax experts & business to manage returns & invoices in an easy manner. Our Goods & Services Tax course includes tutorial videos, guides and expert assistance to help you in mastering Goods and Services Tax. Clear can also help you in getting your business registered for Goods & Services Tax Law.

    Save taxes with Clear by investing in tax saving mutual funds (ELSS) online. Our experts suggest the best funds and you can get high returns by investing directly or through SIP. Download Black by ClearTax App to file returns from your mobile phone.

    Cleartax is a product by Defmacro Software Pvt. Ltd.

    Company PolicyTerms of use


    ISO 27001

    Data Center


    SSL Certified Site

    128-bit encryption