Transaction account

transaction account Banking Gurukul, GOLN Transaction account

What is a transaction account? A transaction account, also called a checking account, chequing account, current account, demand deposit account, …

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Stock exchange

stock exchange Banking Gurukul, GOLN Stock exchange

A stock exchange, securities exchange, or bourse, is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds, and other financial instruments. Stock exchanges may also provide …

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Money market account

money market account Banking Gurukul, GOLN Money market account

A money market account (MMA) or money market deposit account (MMDA) is a deposit account that pays interest based on current interest rates in the money markets. The interest rates …

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Revolving credit

Revolving credit

Revolving credit is a type of credit that does not have a fixed number of payments, in contrast to installment credit. Credit cards are an example …

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Term loan

term loan Banking Gurukul, GOLN Term loan

A term loan is a monetary loan that is repaid in regular payments over a set period of time. Term …

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Cheque book

cheque book Banking Gurukul, GOLN Cheque book

A cheque book , or check (American English; see spelling differences), is a document that orders a ba-nk (or credit …

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Automated teller machine

automated teller machine Banking Gurukul, GOLN Automated teller machine

What is an Automated teller machine? how does it work? we are about to know everything in this article below, …

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Personal loan

personal loan Banking Gurukul, GOLN Personal loan

In this article below you’ll know about all personal loans, In finance, a personal loan refers to any type of …

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