FinTech Glossary

Basel III

4 May 2024

Basel III is the regulatory norms for setting common standards for banks across different countries.

Mark to Market, MTM

4 May 2024

It refers to the realistic estimate of the financial situation of the market depending on the assets and liabilities present.

Capital Investment

4 May 2024

Capital investment is the amount invested in a company to enhance its business objectives.

Yield

4 May 2024

Yield or bond yield points to the returns provided and realised by an investor on his investment over a given timeframe.

Jackpot

4 May 2024

A jackpot is a large windfall derived from an act of gambling.

treasury bills

4 May 2024

A Treasury Bill is backed by the Treasury Department in the US with a maturity of one year or even less.

anova test

4 May 2024

ANOVA test is a statistical analytical tool that helps break an aggregate compound of availability into systemic and random factors.

Lorenz Curve

4 May 2024

Lorenz curve is a pictorial portrayal of inequality in income or inequality in wealth.

cost of goods sold

4 May 2024

Cost of Goods Sold or as it is more popularly known, COGS is the cost of the material and labor that goes into the production of the goods.

Aggregate Demand

4 May 2024

As an economic concept, aggregate demand refers to the demand for all finished goods produced in the economy by all the people.

sec,securities and exchange commission

4 May 2024

It is an independent federal government agency that acts as a regulatory agency.

balance of payments (BOP)

4 May 2024

The balance of payments is a statement of all transactions conducted between entities in one country and the rest of the world across a defined period, such as a quarter or a year.

IDV, Insured Declared Value

4 May 2024

Whenever you buy a vehicle you are asked to buy an insurance policy for the vehicle as a form of security.

Deposit Insurance and Credit Guarantee Corporation (DICGC)

4 May 2024

Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly-owned subsidiary of the Reserve Bank of India (RBI).

Renewable Term

4 May 2024

The renewable term is a section covered under term insurance, and it allows the nominee or beneficiary to stretch the term of the policy without having to go through the qualification criteria for the extended coverage.

Automated Valuation Model (AVM)

4 May 2024

Valuation is defined as the process of estimating the value of a given property.

National Pension Scheme (NPS)

4 May 2024

The National Pension Scheme (NPS) is a government-sponsored voluntary retirement plan for Indian citizens.

Default Probability

4 May 2024

The default probability is a financial term used to quantify the borrower’s inability to make scheduled repayments over a specific period of time.

Taxable Income

4 May 2024

In India, the person who has an income that is exceeding the minimum income as applicable under the specific income tax slab have to pay the income tax.

Tax-to-GDP Ratio

4 May 2024

Tax-to-GDP ratio represents the size of the tax revenue from the government, expressed as a percentage of GDP.

Tax Exporting

4 May 2024

Tax exporting involves one jurisdiction imposing tax burdens on the residents of another jurisdiction.

Tax Base

4 May 2024

The government cannot collect taxes from every citizen of the state or country.

Conveyance Allowance

4 May 2024

Also known as transport allowance, conveyance allowance is offered to the employees of the company to compensate for the travel of the employee from the residence to and from the workplace.

Capital Loss Carryover

4 May 2024

Under the income tax laws, any specific transfer of the capital asset leads to either profit or loss.

Swot Aalysis

3 May 2024

SWOT (strengths, weaknesses, opportunities, and threats) analysis is a micromanagement system used in the process of strategic planning in business organizations.

3D Printing

2 May 2024

3D printing is carried out to create a physical object from a digital design.

Digital Marketing

4 May 2024

Digital marketing is the promotion of electronic/internet-based products and brands.

Virtual Reality

3 May 2024

Virtual reality (VR) is a computer-generated simulation in which a person can interact within an artificial three-dimensional environment where the individual's movements are captured using special electronic devices.

Code of Ethics

4 May 2024

Code of ethics refers to a set of guiding principles for professional conduct and behaviour.

Blue Ocean Strategy

4 May 2024

Blue Ocean is a business strategy used by budding entrepreneurs to seek new opportunities in market spaces where competition doesn’t exist at all.

Churn Rate

4 May 2024

The churn rate is also referred to as the attrition rate or the customer churn.

​Contract Note

4 May 2024

Contract notes are among the most relevant legal documents available to investors on the stock market.

Financial Literacy

4 May 2024

Financial literacy refers to the ability to understand and apply different financial skills effectively, including personal financial management, budgeting, and saving.

Securities Contracts

4 May 2024

The Securities Contracts (Regulation) Act, was enacted in the year 1956.

Safety-First Rule

4 May 2024

The safety-first rule is a principle of modern portfolio theory ( MPT), which believes the risk is an inherent part of reaping a higher reward level.

Joint Tenants With Right of Survivorship (JTWROS)

4 May 2024

It is a type of ownership that can be used for real estate, audit, savings, mutual fund, and brokerage fund accounts.

S&P/Citigroup Broad Market Index (BMI) Global

4 May 2024

S&P/Citigroup Broad Market Index (BMI) Global is a market capitalisation-weighted index maintained by Standard and Poor's (S&P) that provides a broad measure of the global equity markets.

Stopped Order

4 May 2024

A stopped order refers to the order which is prevented by the New York Stock Exchange (NYSE) floor specialist from being executed, because there may be a better price available.

Trading Plan

4 May 2024

A trading strategy is a structured method of identifying and trading securities that take into account a variety of variables, including time, risk, and goals of the investor.

Value-Added Monthly Index (VAMI)

4 May 2024

A Value-Added Monthly Index (VAMI) tracks, assuming reinvestment, the monthly output of a hypothetical $1,000 investment over a period of time.

Hybrid Fund

4 May 2024

To gain diversification and reduce the possibility of a concentration, hybrid funds invest both in debt and equity instruments.

Break-Even Price

4 May 2024

A break-even price refers to the price point at which an investor or trader is neither at a profit nor at a loss.

eps,Earnings per share

4 May 2024

Earnings per share (EPS) - this is estimated by dividing a company's revenue by the number of outstanding shares of common stock.

Impairment

4 May 2024

The word impairment is associated with an asset which currently has a market value less than the book value of the asset.

Base Year

4 May 2024

In a financial index, a base year is the first of a series of years.

Probability Distribution

4 May 2024

A probability distribution refers to a statistical function defining all the possible values and probabilities that a random variable will take within a given range.

Subordinated debt

4 May 2024

## Introduction to Subordinated Debt

Subordinated debt is a lax loan or bond that positions below more senior loans or securities with claims on assets or earnings.

Marketable Securities

4 May 2024

Marketable securities are highly-liquid financial tools that can be sold or converted into cash within a year of investment.

Deposit Interest Rate

4 May 2024

The deposit interest rate is paid by a bank or financial institutions to account holders who have deposited with them.

Property Management

4 May 2024

Property management is the supervision of residential, commercial, and industrial properties, including apartments, detached houses, condominium units, and shopping centres.

Tenancy-at-Will

4 May 2024

Tenancy-at-will is a property tenancy where either the tenant, the owner or landlord may terminate at any time.

Heatmap

4 May 2024

Heatmaps are two-dimensional (2D) visible representation of information, which uses colours.

Vintage

4 May 2024

Vintage is a slang term used by mortgage-backed security (MBS) traders and investors to refer to a seasoned MBS for a certain period of time.

Commercial Property

4 May 2024

Commercial property refers to immovable property used for industry.