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Financial Terms

Amortization

Amortization is a fundamental concept in finance that involves paying off a debt through regular, fixed payments over a set period of time. By adhering to a predetermined schedule, this method allows borrowers to effectively manage their loan and ultimately eliminate it within a specific timeframe. It is a crucial tool in the world of finance, and understanding its intricacies can greatly benefit individuals seeking to navigate the complex world of financial commitments.

Extended Internal Rate of Return (XIRR)

This method takes into account the time value of money and assumes that the cash flows from an investment are reinvested at the same rate. Let's discuss the concept of Exten...

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Direct Tax

, corporate tax, property tax, etc. In the realm of finance, it is crucial to understand the concept of direct tax and its implications for individuals and organizations ali...

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Insolvency

It is a crucial concept in finance, as it can have significant consequences for individuals and organizations. Insolvency can lead to bankruptcy, which involves a legal proce...

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Mutual Fund Service System (MFSS)

The National Stock Exchange (NSE) offers a convenient online system known as Mutual Fund Service System (MFSS). This system is utilized by members to submit redemption or su...

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