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Economic Glossary

    Financial Market

A market that trades financial assets. Financial assets are the legal claims on the real assets in our economy and include such notable items as corporate stocks and bonds, government securities, and money. Without financial markets our economy would find it almost impossible to accumulate the funds needed for investment in big, expensive capital projects


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Banker's Algo Daily Dose

Word of the day

Equivocate(v)

Meaning:

to use ambiguous or unclear expressions, usually to avoid commitment or in order to mislead; prevaricate or hedge

Synonyms: dodge, double-talk, elude, escape, eschew, evade, falsify, fence

Antonyms: face, meet, speak on

Apti Question of The day

Question

Sanjeev started a business by investing Rs. 36000. After 3 months Rajiv joined him by investing Rs. 36000. Out of annual profit of Rs. 37100, find the share of each?

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