Overview Of United Stock Exchange (USE)

United Stock Exchange (USE) of India , is an Indian newest Stock Exchange. USE has launched its operations on 20th Sep 2010, after the final approval from the market regulator Stock Exchange... Read more »

Difference Between Depreciation And Amortization

Every business invest in some equipment’s, furniture, machinery, vehicles, building, land, patents etc in order to operate. Major assets last for more than one year, but will not last indefinitely. Major assets... Read more »

What Is Private Mortgage Insurance (PMI)?

PMI stands for Private Mortgage Insurance, It is a special kind of insurance that lenders may require the borrower to purchase if the loan they are taking out is 80% or higher... Read more »

What Is Systematic Investment Plan (SIP)?

A systematic investment plan or SIP (as it is more commonly known) is a way to invest in mutual funds regularly. It is just like a recurring deposit with the post office... Read more »

What Is Stock Beta?

Beta is the statistical measure of the risk of an investment. Beta is a calculation that compares a stock’s historical performance against the overall performance of the entire stock market. Investors use... Read more »

Difference Between Call Option And Put Options

You must have heard about people making money from stocks. To make money with a stock, there are two basic options: buy it (call option) or sell it (put option). Call and... Read more »

What Is Sovereign Debt?

The term “Sovereign Debt” refers to the debt issued by national Government in the international or foreign currency. Sovereign debt are also known as Sovereign bonds, these bonds are issued in the... Read more »

What Is A Bank SWIFT Code?

SWIFT code stands for ‘Society for Worldwide Interbank Financial Telecommunication’ code. A SWIFT code is a universal way of identifying banks throughout the world. The SWIFT code is an 8 or 11... Read more »

Difference Between NRE, NRO and FCNR Bank Accounts

There are many types of NRI banks accounts available. But, here I will be explaining only the most widely used and offered by the leading banks in India. The following are the... Read more »

What Is Sensex? What Is Nifty?

The Sensex and Nifty are “indexes”, index is basically an indicator which captures the price movement of shares. The full form of Sensex is Sensitive Index and of NIFTY National Fifty. It... Read more »

What Are Treasury Bills (T-Bills)?

Treasury Bills, or more commonly knows as T-Bills, are the bonds issued by Government. It is a short term (less than one year) government zero coupon bond. It represent short-term borrowings of... Read more »

What Is ELSS Scheme?

ELSS ( Equity Linked Saving Scheme ) is another tax saving instrument along with your regular LIC, PPF etc. It is a type of mutual fund which is qualified for tax exemption... Read more »

What Is Speed Clearing?

Speed Clearing refers to collection of outstation cheques through local clearing. In simple words, speed clearing means processing of outstation cheques electronically and without movement of cheques from the presentation centre (city... Read more »

What Is A Foreign Currency Convertible Bond (FCCB)?

Foreign Currency Convertible Bonds (FCCB) is a type of convertible bond that are issued in a currency different than the issuer’s domestic currency. It means bonds issued under FCCB are subscribed by... Read more »

What Are Special Drawing Rights (SDRs)?

Special Drawing Right (SDR), is an international financing instrument created by the International Mutual Fund (IMF), and acts as a supplemental reserve for national banking systems. It is created in response to... Read more »