Insurance is a legal agreement between two parties, represented by a policy, in which the insured (either an individual or an entity) receives financial ...

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Warrant - In finance, Warrant is similar to Option; Warrant is a financial security and valid till its expiry date. It entitles the holder to buy that ...

VAR - Value at Risk

RGESS - Rajiv Gandhi Equity Savings Scheme

QFI - Qualified Foreign Investors

Jobbers - Jobber is the dealer who deals in buying and selling of shares.

Haircut- The approximate value used as collateral for loan, generally lower than market value.

HUF - Hindu Undivided Family

YTM or Yield to maturity - The total return received on a bond if the bond is held till maturity date.

UCC - Unique Client Code

Switching refers to the process of shifting your investments from one Mutual Fund scheme to another Mutual Fund scheme within the same Mutual Fund or AMC.