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Financial services

Related to any service provided by the finance industry, which encompasses a broad range of organisations that deal with the management of money.

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Financial services > Finance

Actual Cash Value
Financial services; Finance

A valuation of the damaged property, i.e. its monetary worth at market value immediately preceding the occurrence of the loss, is called actual cash value of the property. It ...

Adverse Selection
Financial services; Finance

Definition: Adverse selection is a phenomenon wherein the insurer is confronted with the probability of loss due to risk not factored in at the time of sale. This occurs in the ...

Benchmark
Financial services; Finance

Definition: A benchmark is an unmanaged group of securities which are considered as a 'benchmark' to measure a fund's/stock's performance. Benchmarks are generally broad market ...

Beta
Financial services; Finance

Definition: Beta is a numeric value that measures the fluctuations of a stock to changes in the overall stock market. Description: Beta measures the responsiveness of a stock's ...

Balance Of Payment
Financial services; Finance

Definition: According to the RBI, balance of payment is a statistical statement that shows 1. The transaction in goods, services and income between an economy and the rest of ...

Bonus Share
Financial services; Finance

Definition: Bonus shares are additional shares given to the current shareholders without any additional cost, based upon the number of shares that a shareholder owns. These are ...

Affordable Housing
Financial services; Finance

Definition: Affordable housing refers to housing units that are affordable by that section of society whose income is below the median household income. Description: Though ...

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