Category: Finance

When an abrupt loss of public confidence occurs in the financial system (leading it to cripple), causing drastically falling stock prices, business and banking failures as well as a complete and utter

Any statement which is contradictory within itself, or has absurd assertions. It might be proven correct, but is usually confusing and incorrect.

A theory which states that if a larger number of people, or agents are contributing to any result, the major part of the portion, around 80 percent is because of the minority,

Any share whose full value has not been reimbursed for by the holders. A ‘call’ must be issued by the firm in order to collect the pending amount.

Any income that is not earned due to a direct acitivity. For instance, income made through rent, a limited partnership or any other passive source. It does not include earned salary, capital

The initial value of any pension plan, which usually constitutes annuity credits, only vested till the effective date.

A method of paying tax in which an employer must deduct income tax on his employees. Should be deposited after 14 days of collection.

The turnover ratio determining whether the company the company repays its supppliers quicker or slower than before.

A system developed to provide ease in transferring funds from the suppliers to the borrowers, or from payers to payees. An exchange of credits and debits take place between the financial institutions

A legal principle which states that if the owner of any property is getting construction done on it, the owner will stand responsible for any injuries that occur during the construction.

A term commonly used in European countries, depicting hotel lodging or accommoding in a guest house.

When the rental amount is calculated at a certain fraction of the sales that are generated by the leased property, that commercial lease is known as a percentage lease.

Removal of doubt or dispute linked to the title of any real estate.

A report published at a fixed interval, summarizing the events that occurred during that period.

A fixed location from where business operations take place. Examples include offices, workshops and factories, etc. Taxes are charged on the permanent establishment if a business intends to perform for a longer

To persist and overcome a number of issues to achieve a goal. Usually includes physical, or mental barriers.

Generally a paid leave given to a person in case of any personal reason (death of a loved one, birthdays, important events, etc.)

Spread over a large area, either metaphorically, or in a literal manner. For instance, rumors can be quite persavive amongst people.

A scale used to measure the alkalinity and acidity of any substance that is soluble in water. The pH values are given from 1- 14. 7 is regarded as the neutral point,

A set of certain numbers which are assigned to a telephone or mobile phone. A person can dial those numbers through a mobile or telephone, and get connected to another telephone or