Posts Tagged: Definition of the Day
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- eduadmin
- June 25, 2013
What is Ad Valorem Tax?
Ad Valorem term means that “according to value” and this can be applied to any of the tax, fee, custom duty which is charged on the percentage basis of cost of products, services or property.
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- eduadmin
- September 17, 2012
What is IDR?
IDR stands for the Indian Depository Receipts. IDR is a financial instrument through which a foreign company can raise funds for itself from Indian securities markets. These receipts are issued against the underlying equity of
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- eduadmin
- September 13, 2012
What is LIBOR?
LIBOR stands for London Inter Bank Offered Rate. It is the rate of interset on short term loans in London money market. So, other banks can borrow from the London interbank market at this specified
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- educates_admin
- September 10, 2012
What is DELIRIUM?
Delirium is serious mental disturbance which occurs under the influence of poisonous drugs. It is an “acute confusional state”.
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- educates_admin
- September 3, 2012
What is an anticline?
An anticline is the arch or crest of a fold in the rocks. It is opposite of a syncline, which is the bottom of a fold. Its shape is concave downwards. And technically, it
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- educates_admin
- August 4, 2012
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What is Cash Reserve Ratio (CRR) ?
It is the portion of deposits which the banks in India are supposed to keep in cash. These deposits are held with the Reserve Bank of India (RBI). Current CRR : 4.75% Details and facts:
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- educates_admin
- June 21, 2012
What is Refrigerant?
A refrigerant is a compound used in a heat cycle that undergoes a phase change from a gas to a liquid and back. The two main uses of refrigerants are : 1. refrigerators/freezers and 2.
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- eduadmin
- April 11, 2012
What is deflation?
Deflation generally refers to the falling of prices of goods and services in an economy. According to Crowther: “Deflation is that state in which the value of money rises and the price of goods and
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- eduadmin
- March 27, 2012
What is Statutory Liquidity Ratio(SLR) ?
Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash, or gold or govt. approved securities before providing credit to the customers. OR It’s the percentage
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- eduadmin
- February 26, 2012
Underwriting
It is a guarantee to the issuing the company, that the money that it requires for its project will definitely be raised. It means that even if the issue is not fully subscribed to by
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- eduadmin
- February 25, 2012
Commercial Paper
RBI allowed the issue of commercial paper after the acceptance of Vaghul committee recomandations in the year 1989. The CP(Commercial Paper) is a short term negotiable instrument, consisting of usance primary notes with a fixed
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- eduadmin
- February 24, 2012
Definition of ‘Negative Arbitrage’
The opportunity lost when municipal bond issuers assume proceeds from debt offerings and then invest that money for a period of time (ideally in a safe investment vehicle) until the money is used to fund
