Tag: india

DefinitionLife insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary...

What is an 'Import' An import is a good or service brought into one country from another. The word "import" is derived...

DefinitionThe National Bank Surveillance System is a computerized, off-site monitoring system developed by the U.S. Office of the Comptroller of the Currency "to assist...

What is 'Idle Funds' Money that is not invested and, therefore, earning no interest or investment income. Idle funds are simply funds...

What is the U.S. Treasury The United States Department of the Treasury is the national treasury of the United States federal government. It was established...

What is 'Offshore Mutual Fund' A mutual fund that is based in an offshore jurisdiction, which is generally considered to be outside...

DefinitionLakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world's largest...

What is 'Hanover Stock Exchange (HAN) .HA' Formerly located in Hanover, Germany, this stock exchange is now defunct. Explaining 'Hanover...

DefinitionNationalization is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state....

Define Economic Capital Economic capital refers to the money that a business or individual has available to invest in new ventures or cover unexpected expenses....