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Financial Terms

Amortization

Amortization is a fundamental concept in finance that involves paying off a debt through regular, fixed payments over a set period of time. By adhering to a predetermined schedule, this method allows borrowers to effectively manage their loan and ultimately eliminate it within a specific timeframe. It is a crucial tool in the world of finance, and understanding its intricacies can greatly benefit individuals seeking to navigate the complex world of financial commitments.

Vote on Account

As a professor of finance, I would like to introduce you to the concept of Vote on Account. This refers to a pre-approved budget allocation by the Parliament for the outgoin...

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Daily Margin Statement

A crucial document for investors and traders is the Daily Margin Statement. It's a password-protected report that reveals the amount of available margin and how it's being u...

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GDP Price Deflator

It is used to adjust nominal GDP for changes in prices. The GDP Deflator is a vital tool in measuring inflation and adjusting for changes in prices. It is calculated by com...

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Devaluation

This action is usually taken to achieve a more favorable balance of trade and increase competitiveness in the international market. Devaluation, a term often used in the wo...

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