What is an Economy?
What's an Economy? An economy is typically based on a territory, such as a country or a town, and it depends on the resources or riches that are present in…
Read about the most commonly used business and finance terminologies.
What is Sensex?
Sensex: Benchmark index of the BSE The benchmark index of the BSE in India is referred to as the "Sensex." The 30 largest and most popular equities on the BSE…
What is Nifty?
Nifty The meaning of Nifty is derived from the combination of the phrases "National Stock Exchange" and "fifty." It is the National Stock Exchange Fifty's acronym. The top 50 equity…
What is Compound Interest and How Does It Works?
What is Compound Interest and How Does It Work? Compound interest is interest computed on the original principle plus all accumulated interest from prior periods on a deposit or loan.…
What is Mutual Funds?
It is a trust that collects money from a group of individuals with similar financial goals and invests it in stocks, bonds, money market instruments, and/or other securities. After deducting…
What Is Stock Market And How Does It Works?
What Is Stock Market The stock market is a gathering place for buyers and sellers to trade equities. People used to meet at the trading ring to purchase and sell…
What is Banking and How do Banks Make Money?
What is Banking and How Do Banks Profit? Banking is the business of safeguarding other people's money. Banks lend this money, earning interest and profit for both the bank and…
What is Credit Score?
A credit score is a number ranging from 300 to 850 that represents a consumer's creditworthiness. The higher the score, the more appealing a borrower appears to potential lenders. A…
What is Insurance?
Insurance provides financial protection against loss. It is a type of risk management that is primarily used to mitigate the risk of a contingent or uncertain loss. An insurer, insurance…