Meaning & Definition

fair market value

Fair Market Value (FMV)

What is the Fair Market Value? Fair market value FMV is the price at which one can purchase an asset under normal market conditions. The fair market value represents the accurate valuation of asset under the following conditions: Both the...

financial literacy

What is Financial Literacy? Why is it important?

Introduction Financial literacy is the ability to manage one's money. The goal of financial literacy is to help in understanding financial concepts that will help them to manage their money better. It is a life skill that one must grasp...

credit rating

Know all about Credit Rating in India

Credit rating is an analysis of an organisation's creditworthiness and credit quality. A credit rating agency performs a detailed analysis of financial instruments of an entity. The rating scales range from AAA to D based on how safe the instruments...

treasury bills

Treasury Bills

The Government of India needs money to meet its financial obligations. They approach the general public to raise funds. The funds can be raised by offering different financial instruments. Treasury bill is one such money market instrument that the government...

what is sensex

Sensex- Meaning, Calculation and types of indices

Introduction We constantly come across in the news that Sensex has soared. Or the market has fallen, causing fear in the mind of investors. Sensex shot up by 500 points. But what exactly do market and Sensex mean? Why is...

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What do you mean by the underwriter? An underwriter is a party or a risk expert who evaluates the risk or creditworthiness of another party. He also assumes or guarantees the creditworthiness of the other party in exchange for a...


Inflation Meaning

What is inflation and how it works? Inflation is an economic indicator that indicates the rate of rising prices of goods and services in the economy. Ultimately it shows the decrease in the buying power of the rupee. It is...

standard deviation

Standard Deviation

What is the standard deviation? Standard deviation is a statistical measure that quantifies the spread of the individual dataset from its mean. Here, the mean is the average of the dataset. If a dataset is further away from its mean,...