The term Revenue expenditure means
Revenue expenditure: This is expenditure on recurring items, including the running of services and financing capital spending that is paid for by borrowing. This is meant for normal running of … Read More
Tag: financial terms
Facts About Term Life Insurance
Term life insurance plan provides life cover to an individual. In simple terms, a lump sum amount (Sum Assured) is paid to the family members on demise of life insured. … Read More
Popular Economic terms used in trade and commerce
Ad Valorem : Value added. An example of an ad valorem tax would be VAT. Advances: Loans given by financial institutions Appreciation: An increase in the value of an asset. … Read More
Financial terms-Depository Receipt.
A depository receipt is a type of negotiable financial security that is traded on a local stock exchange but represents a security, usually in the form of equity that is … Read More
Banking and Finance-Difference Between Monetary policy and Fiscal Policy
What is monetary policy? A Monetary policy is the process by which the government, central bank, of a country controls (i) the supply of money, (ii) availability of money, and … Read More