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.
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.
Securities are stocks or bonds that are issued by corporate or government entities.
It refers to the payment of claim or a policy benefit to the insured or his/her nominee by an insurance company in accordance with the terms and conditions of the insurance policy.
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.
A type of risk which, when undertaken, results in an indeterminate amount of gain or loss. These risks are a result of purposeful decisions and not unpredictable circumstances.
A company that is in the early stages of development and is being funded by an individual founder or a small number of investors.
Excess funds that are available once expenses are covered and investments are made.
The value paid by the insurer to the policy holder at the time of termination of the Insurance policy.
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