Intrinsic Value In finance, Intrinsic Value or fundamental value is a measure of what an asset is worth. This measure is arrived at by means of an…
Jettison Jettison means to push to the side or toss away. It is an act of throwing a part of the goods or anything from the…
Discounted Cash Flow (DCF) In finance, discounted cash flow (DCF) is a valuation method used to estimate the value of an investment based on its future cash flows. DCF…
Itinerant Trade Itinerant Trade Itinerant means traveling from place to place. It is a form of a retail organization in which the seller has no fixed shop…
Currency Transaction Tax in Finance The Currency Transaction Tax (CTT) is a proposed worldwide tax on all currency traded across national borders. A currency transaction tax is a tax placed…
Invoice Invoice An invoice is a document used in trade. It is a commercial document that itemizes and records a transaction between a buyer and a…
Interim Dividend Interim Dividend is a preliminary distribution of profits by way of a dividend before determining the full dividend to be paid for the year. It…
Insurable Interest in Finance Insurable Interest The interest, which the assured possesses in the subject matter in a contract of insurance, is known as insurable interest. It represents a…
Concept of Financial Transaction Tax A financial transaction tax is a levy on a specific type of financial transaction for a particular purpose. FTTs are levied on the trade-in financial…
Credit Crunch A credit crunch is a sudden reduction in the general availability of loans or a sudden tightening of the conditions required to obtain a loan…
Insolvent Insolvent An insolvent is a person whose debt far exceeds the value of his property and who commits an act of insolvency. It means unable…
Cash Market The cash market or spot market is a public financial market in which financial instruments or commodities are traded for immediate delivery. It is a…