TomorrowMakers ™

Glossary

(Please click on alphabets above to access specific pages)

Surplus cash

Excess funds that are available once expenses are covered and investments are made.

Secured Loan

It is type of loan wherein the borrower is obligated to pledge an asset as collateral with the lender so as to diminish the level of risk associated with lending out the money.

Startup

A company that is in the early stages of development and is being funded by an individual founder or a small number of investors.

Savings Account

It is a deposit account with a bank that offers you security for the amount of money you deposit along with interest at mediocre rates. It is the simplest type of bank account.

Shareholder

A shareholder is an individual or an organization in whose name one or more shares are issued and who holds ownership in the company to the extent of his holdings.

Tax Singh

"Tax Fact 9"

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