Thursday, August 12, 2010

FIXED DEPOSITS

a deposit of money, generally with a bank, finance company or large corporation, repayable on a certain date. Interest may be payable at regular intervals during the term of the deposit or on withdrawal........

LIFE INSURANCE

a policy agreement between an individual and an insurance company, where the investor agrees to pay a specified amount (premium) to the company for a specified amount of coverage. protection of the insured person against the economic loss........

I P O ( INITIAL PUBLIC OFFERING )

•An initial public offering (IPO) occurs when a company first sells common shares to investors in the public. Generally, the company offers primary shares this way, although sometimes, secondary shares are also sold as IPOs. ...


MUTUL FUNDS

•A mutual fund brings together money from many people and invests it in stocks, bonds or other assets. The combined holdings of stocks, bonds or other assets the fund owns are known as its portfolio. Each investor in the fund owns shares, which represent a part of these holdings. ...