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Financial Terms

Electronic Clearing Service (ECS)

This system allows for the automatic transfer of funds from one bank account to another.

Understanding the intricacies of financial transactions is crucial in the world of finance. One such method is the Electronic Clearing Service (ECS), utilized by banks, corporations, and financial institutions for seamless payment transfers. This automated system eliminates the need for manual intervention and enables swift and secure fund transfers between two bank accounts. Let's delve deeper into the workings of ECS and its significance in the financial landscape.

Financial Analysis

It involves examining the past and current financial data to assess the company's performance and predict future trends. Welcome to our lesson on Financial Analysis, a key t...

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Finance Bill

During the parliamentary session following the Budget presentation, a Bill is introduced to outline the changes in tax policy that were announced. This Bill serves as a cruc...

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Monetary Policy

Monetary policy refers to the strategies and actions implemented by the Central Bank or other regulatory bodies to control the amount of money circulating in an economy. Thi...

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Heat Maps

The Heat Map is a powerful tool used in finance to analyze stock performance and provide an overview of the market. Its user-friendly interface uses color-coding to present ...

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