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NAV

A mutual fund's (or any other exchange-traded fund's) NAV stands for the per share value, representing the market value of its underlying assets. It is calculated by dividing the total value of the fund's assets by the number of shares outstanding. This crucial measure is used to determine the fund's performance and can be influenced by various factors, such as market conditions and fund expenses. Therefore, understanding NAV is essential for investors to make informed decisions about their investments.

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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Index of Industrial Production (IIP)

The Index of Industrial Production (IIP) is a vital tool used to measure the performance of the industrial sector. It comprises a diverse range of products and is updated on...

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Hard Money Loan

It is typically a short-term loan with a higher interest rate. It is used by investors or businesses who need quick access to funds for a short period of time. The property a...

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Accrued Interest

Accrued Interest refers to the accumulated sum of interest that has been earned on an investment or debt obligation but has not been disbursed to the recipient yet. It represe...

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