All Finance terms definitions starting with the alphabet F

What is Financial Modelling?

What is Financial Modelling? Financial modelling is a numeric representation of a company’s financial condition in a spreadsheet format. It comprises all the past, present, and future values. Financial analysts use these values to analyze a company’s performance. It is an essential tool in the financial decision-making process. For example, analysts use these models to […]

What is Financial Reporting?

What is Financial Reporting? Financial reporting is the fundamental process of recording, controlling, and documenting a company’s financial reports for a specific period. Company management uses financial reporting to analyze their financial performance. These records also help in generating future analysis strategies for the business. There are several parts of financial reporting which include: Observing […]

What is Fintech (Financial Technology)?

Fintech (Financial Technology) Fintech is a portmanteau of financial technology and refers to the emerging sector of businesses that provide innovative solutions for digital banking, payment processing, investment management, and other financial services. Companies offering Fintech often leverage technological advancements to create user-friendly products that can facilitate transactions and offer personalized services to customers. Fintech […]

What is Financial Budgeting?

What is Financial Budgeting? Financial budgeting is the projection of income and expenditure for a given period. It calculates the income you will earn and save concerning your expenses. The budgeting plans can be long-term and short-term, depending on your objectives. Budgeting comprises balance sheets, income statements, cash flow statements, etc. It is […]

What is Managed Forex account ?

Definition of Forex account A managed forex account is the type of account. In this type of account, the client hires a money manager who deals with the account on the client’s behalf for the fee. This is the same as hiring an investment advisor to deal with a traditional investment record of values and bonds. […]

What is First-time home buyer ?

Definition of First-time home buyer A first-time home buyer is more ordinarily perceived by a few criteria as to an individual retirement account (IRA). If these criteria are met, the proprietor can be allowed uncommon benefits, for example, exclusion from the early-distribution punishment. Brief Explanation The should be a conventional home together for the person […]

What is First-loss policy ?

Definition of First-loss policy First-loss policy is a sort of property insurance policy that gives just fractional insurance. In case of a claim, the policyholder consents to acknowledge a sum not as much as the full estimation of damaged, decimated or stolen things/property. Consequently, the backup plan consents to not punish the policyholder for under-safeguarding […]

What is Fintech ?

Definition Fintech is a portmanteau of financial technology that portrays a developing money-related administration area in the 21st century. The term initially referred to technology related to built-up purchasers and exchange money-related establishments. However, since the finish of the primary decade of the 21st century, the term has extended to incorporate any mechanical development in […]

What is Finite risk insurance ?

Definition Finite risk insurance is a risk exchange system embraced by an entity where the insurance accepts a piece of the predetermined dangers identified with investment, credit, timing, and so forth of the insured. Explanation Finite risk insurance systems spread the risk evenly over an extended period of time and finance the guarantee themselves. The […]

What is Financial elder abuse ?

Definition of Financial elder abuse Financial elder abuse is the money-related misuse of the elderly. It can take many structures – familiar people, organizations, and even the outside world can deceive them. Regular strategies are the unapproved utilization of the casualty’s benefits, picking up the energy of a lawyer under affectation, or participating in out-and-out extortion. […]