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-by Albert Einstein

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Economic Glossary

    Investment

The sacrifice of current benefits or rewards to pursue an activity with expectations of greater future benefits or rewards. Investment is typically used to mean the purchase of capital by business in anticipation of the profit. By increasing the quantity or quality of resources, investment is a source of economic growth


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Banker's Algo Daily Dose

Word of the day

Decrees(n)

Meaning:

A formal and authoritative order, especially one having the force of law

Synonyms: act, announcement, behest, bidding, charge

Antonyms: dismiss, fire, refuse, reject

Apti Question of The day

Question

A man can row 50 km upstream and 72 km downstream in 9 hours. He can also row 70 km upstream and 90 km downstream in 12 hours. Find the rate of current?

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