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Financial Terms

Economy

Gross Domestic Product (GDP) is the total value of all goods and services produced within a country's borders in a given period.

Welcome to our lesson on the economy and its relation to finance. As a knowledgeable professor, I believe it is important to understand the fundamental terms that drive our financial system. The economy can be defined as a geographical area where the production, consumption, and distribution of goods and services occur. A key indicator of a country's economic health is its Gross Domestic Product (GDP), which measures the total value of all goods and services produced within its borders during a specific time frame. Let's dive deeper into these concepts to gain a better understanding of how they impact our financial decisions.

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...

Interim Dividend

An interim dividend, as its name suggests, is a dividend that is paid out before the company's Annual General Meeting (AGM) and the release of its financial statements. This...

A common investment option known as Gold Funds involves pooling money from multiple investors and utilizing it to invest in different forms of gold. These funds typically of...

Financial Planning

It involves setting financial goals, assessing assets and liabilities, evaluating risk tolerance, and developing strategies to reach those goals. This process requires a deep...

Long-term Capital Gain / Loss

When discussing investments, we must understand the concept of long-term capital gain or loss. This refers to the profit or loss that occurs when a qualified investment is s...

Borrowed Capital

This borrowed capital can come from various sources such as banks, financial institutions, or even individuals. In return, the borrower is expected to pay back the borrowed c...

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Credit Cards

All terms and concepts related to the use, features, and management of payment cards allowing users

Public Offerings

All terms related to a company selling its shares or bonds to the public for the first time (IPOs) o

Insurance

All terms and concepts related to insurance, which is a financial arrangement that provides protecti

Bank Deposits

All terms and concepts related to the placement of money in a bank account, including savings accoun

Taxes

All terminology and concepts related to various tax types, tax laws, and taxation principles.

Fixed Income Instruments

All terms related to investments like bonds or treasury bills that provide regular, fixed payments,

Commodity

All terms related to the basic goods used in commerce that are interchangeable with other goods of t

Stocks

All terms and concepts related to stocks, also known as equities, which represent ownership shares i

Derivatives

All terms & concepts related to financial contracts whose value is based on an underlying asset,

IPO

All terms and concepts related to the process in which a private company offers its shares to the pu

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