Praveen Varghese Thomas has Published 797 Articles

Escheatment

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 17:14:24

193 Views

Introduction A method of transferring ownership of unclaimed assets or property to the state when the true owner cannot be found is referred to as escheatment. This approach is taken to avoid misplacing or abandoning the item and ensure it is put to good use. Escheatment can occur in ... Read More

Euro Interbank Offer Rate (Euribor)

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 17:10:27

294 Views

Introduction The Euro Interbank Offer Rate (Euribor) is a benchmark interest rate for borrowing between banks. It is a daily reference rate based on the interest rates banks offer to lend unsecured funds to other banks in the euro wholesale or interbank market. EURIBOR is a crucial benchmark for ... Read More

Financial Independence Retire Early (FIRE)

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 17:09:19

126 Views

Introduction The traditional idea of retirement involves working for several decades and saving enough money to comfortably retire in your 60s (common benchmark in several countries). However, the FIRE movement challenges this traditional approach by encouraging people to retire much earlier, often in their 40s. An important factor in ... Read More

Loan Agreement

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 17:07:47

364 Views

Introduction Loans are a common financial tool used to finance various ventures, including personal expenses, business ventures, and investments. However, lending comes with risks, and lenders must protect their investments. That's where a loan agreement comes in. It is a legal contract that has terms and conditions for the ... Read More

Offset Mortgage

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 17:05:22

206 Views

Introduction Buying a home is a significant investment that requires considerable money. Most people usually apply for a mortgage to finance their home purchases. However, traditional mortgages can be expensive and take a long time. An offset mortgage is an alternative option to help you reduce your mortgage interest ... Read More

AIDS (Acquired Immune Deficiency Syndrome)

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 15:26:56

162 Views

What is AIDS? Acquired Immune Deficiency Syndrome or AIDS is an incurable and life-threatening disease caused by the Human immunodeficiency virus or HIV. This virus impacts our body immunity to a greater extent like unable to fight back any form of diseases.The major cause behind this is there is no ... Read More

HDMI: High Definition Multimedia Interface

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 15:10:24

247 Views

Introduction The High Definition Multimedia Interface is one of the most popular audio/video interfaces for transferring digital audio and video from sources that support HDMI. Display controllers, compatible computer monitors, videoprojectors, digital televisions, and digital audio equipment are some examples of these gadgets. The analog video standards have been replaced by ... Read More

SIM: Subscriber Identity Module

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 15:08:56

283 Views

Introduction Nowadays Nowadays, SIM cards are a vital part of our day to day activities. It allows 7 billion devices to be connected to mobile networks around the world. “As per International Card Manufacturer Association (ICMA), there were 5.4 billion SIM cards manufactured every year which leads to USD ... Read More

What is the full form of BFI?

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 15:07:21

238 Views

Introduction and Overview The Basketball Federation of India (BFI) is the administering body for ball in India, capable of advancing and creating the sport at all levels. Established in 1935, the BFI is partnered with the International Basketball Federation (FIBA) and the Indian Olympic Association (IOA). The BFI's mission is ... Read More

What is the full form of BFSI?

Praveen Varghese Thomas

Praveen Varghese Thomas

Updated on 03-Jan-2024 15:04:28

422 Views

Definition and Overview Banking, Financial Services, and Insurance (BFSI) is a sector that deals with financial products and services, including banking, insurance, and investment. Various financial goods and administrations, such as banking, protection, investing, and other financial services, are included within the BFSI segment. It is a vital industry that ... Read More

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