Active Management
Approach to investment management which aims to outperform a particular market index or benchmark through asset allocation and/or selection decisions.
Accrued Interest
Interest that has been earned but not yet received. The purchaser of a bond in the market pays the seller the value of the accrued interest, as the former will…
Accrued Benefits
Benefits that an employee has earned to date based on his or her membership of a pension scheme. Accrued benefits are often calculated in relation to the employee’s salary and…
Absolute Return
Investment strategies targeting a positive return in absolute terms rather than relative to an index or other benchmark. These strategies avoid construction limitations imposed by the measurement against a specific…
AAA Credit Rating
It is the Highest Rating assigned by a number of credit rating agencies, indicating the relative security of an issuer of debt. Usually accorded to quasi government and large multinational…
401 (k) Plan
It is basically US-defined contribution plan offered by a corporation to its employees, which allows members to set aside tax-deferred income for retirement purposes. (The name 401(k) comes from the…
Baroda Gujarat Gramin Bank Scale 1 To Scale 2 Promotion Exam
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