Fixed Deposit As A Financial Instrument
A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account. It is known as a term deposit or time deposit in Canada, […]
Continue readingCredit card hijacking
Credit card hijacking is a form of credit card fraud and the term is used when a person’s credit card is used by an unauthorized person (e.g. a thief or overaggressive vendor) to buy goods or services. The credit card owner usually has trouble reasserting control over the card, because usually he or she doesn’t […]
Continue readingSalary – Meaning, Origins and National Variations
Image by/from Rasiel Suarez. Original uploader was Rasiel at en.wikipedia A salary is a form of payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour, or other unit is paid separately, rather than on a periodic basis. From the […]
Continue readingThe 5 Stages Of Venture capital financing
Image by/from User:Jhchok Venture capital financing is a type of funding by venture capital. It is private equity capital that can be provided at various stages or funding rounds. Common funding rounds include early-stage seed funding in high-potential, growth companies (startup companies) and growth funding (also referred to as series A). Funding is provided in […]
Continue readingFixed investment
Fixed investment in economics is the purchasing of newly produced fixed capital. It is measured as a flow variable – that is, as an amount per unit of time. Thus, fixed investment is the accumulation of physical assets such as machinery, land, buildings, installations, vehicles, or technology. Normally, a company balance sheet will state both […]
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