What is the meaning of automated underwriting?

Automated underwriting is a computerised loan underwriting decision. It is widely seen that screening and processing a loan application is a time-consuming process and is also prone to human errors. However, automated underwriting involves checking complete loan applications for retrieving relevant data based on the credit history of the borrower and finally arriving at a ..


What is Arbitrage in trading?

Arbitrage is the technique of hand in hand buying and selling of assets from various platforms, locations or exchanges with the sole purpose of earning from the price difference which is usually very less in percentage terms. The elementary rule of arbitrage trading is that the quantity of underlying asset purchased and sold should be ..