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Deflation

In economic terms, an improvement in the purchasing power of a nation's citizens and an increase in wages is referred to as a positive economic scenario. This is distinct from inflation, which is characterized by a decrease in the value of currency. This phenomenon is indicative of a growing economy and can lead to a higher standard of living for individuals.

Anti-money Laundering

Anti-money laundering (AML) entails transforming illicit funds into legitimate assets through the establishment of valid documentation, thus constituting a financial offense. ...

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Growth Fund

It is one of the three types of mutual funds, the other two being Income Funds and Balanced Funds. A Growth Fund is a type of mutual fund that is designed to generate capit...

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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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Auditor

An essential figure in the world of finance, the auditor is a qualified individual responsible for conducting thorough audits. With a keen eye for detail, they meticulously ...

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