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Financial Terms

EBITDA

EBITDA, or earnings before interest, taxes, depreciation, and amortization, is a key financial term used to gauge a company's profitability. This metric is typically evaluated before accounting for factors such as capital structure and taxes. In certain industries, such as those with high levels of assets, EBITDA is favored over EBIT as a more accurate measure of financial performance.

Union Budget

As a finance expert, it is vital to understand the government's financial statements. These reports provide a detailed breakdown of all expenditures and revenues, including ...

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Money Laundering

This is known as money laundering. Money laundering is a complex procedure that involves disguising the origins of illegally obtained funds by making them appear to come fro...

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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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Fixed Exchange Rate System

This system provides stability and predictability in international trade and investments. The Fixed Exchange Rate, also known as Pegged Exchange Rate System, is a mechanism...

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