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Loans

Allotment

In the world of finance, we often come across the term "subscription" when it comes to investing in a company. Simply put, subscription is the process of accepting an application to purchase shares of a company. This establishes a contractual agreement between the investor and the company, forming the basis of the investment through public subscription. Now, let's dive deeper into the intricacies of this important financial term.

Annual Rest

One commonly used approach for determining EMI involves allocating funds towards interest and principal at the conclusion of each fiscal year. This method takes into account...

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Down payment

When buying a home or a car, you may need to pay a certain amount of money upfront to cover the gap between the purchase price and the loan amount. This is known as a down p...

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Annual Reducing Method

Let's dive into the concept of diminishing balance method, a technique used to calculate interest on loans. The reduced principal is taken into consideration at the end of ...

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Allotment

In the world of finance, we often come across the term "subscription" when it comes to investing in a company. Simply put, subscription is the process of accepting an applica...

More