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Page-9 of Archives: November, 2017

What is the meaning of 3rd Party Insurance?

Motor third-party insurance cover is basically a statutory requirement as per the Motor Vehicles Act. It is also known as third-party cover or just act-only cover. It is...

November 27, 2017

What is Bancassurance?

Bancassurance is a term which means selling of insurance products through banks. Various banks and insurance companies enter into a partnership and the banks then sells the company’s...

November 27, 2017

Balloon Mortgage

A balloon mortgage is a type of loan in which the borrower makes regular, smaller payments over a set period, followed by a large lump-sum payment—known as the...

November 27, 2017

Balanced Scorecard

The Balanced Scorecard (BSC) is a strategic management and performance measurement framework that helps organisations translate their vision and strategy into specific, quantifiable objectives. It evaluates performance across...

November 27, 2017

What is AutoIt Tool ?

AutoIt Is an open source language for Windows which is so designed to automate Microsoft Windows user interface. It uses a combination of simulated keystrokes and mouse movement...

November 27, 2017

Authorization

Authorization is the process of granting or denying access rights and privileges to users, systems, or processes within an organisation’s information or operational framework. It ensures that only...

November 27, 2017

Audit

An audit is a systematic and independent examination of financial records, accounts, transactions, and processes of an organisation to determine whether they present a true and fair view...

November 27, 2017

What is the meaning of Asset Allocation?

Asset Allocation is a strategy to invest in which investors or portfolio managers try to balance risks and rewards by making a suitable adjustment of the percentage of...

November 27, 2017

What is the significance of Ashes Series?

The Ashes Series stands for one of the cricket’s highest trophies. The term got birth after England was defeated by Australia on English soil on August 29, 1882....

November 27, 2017

What is Amortization?

Amortization refers to repayment of debt via periodic instalments in stipulated time. Almost all buyers and investors in real estate buy properties on loans which are supposed to...

November 27, 2017

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