Financial Advisor

What is Revenue and Expenses? Definition with Accounting Examples

Revenue Definition: In financial accounting, an inflow of money usually from sales or services thru business activities is called as revenue. It is also known as sales or turnover of the business. In other words, an income to a business or an organisation is termed as revenue. For example: royalties or interest or copyright fees …

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What is Liability and Current Liabilities? Definition with Accounting Examples

Liability Definition: A legal agreement that arises in-front of an organization or a business or an individual to settle a debt is termed as liability. Or any sort of loans from persons or banks for enhancing a business or individual salary that is payable amid short or long duration is known as a liability. These …

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What is Assets and Current Assets? Definition with Accounting Examples

Assets Definition: In accounting terms, any tangible (physical resources) or intangible (nonphysical resources) that can be possessed or controlled to create positive monetary value is known as Assets.  In other words, “anything that can be transformed into cash value is termed as assets”.  This includes: Real Estate Asset like Building, land and any other physical immovable …

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What is Crowdfunding and Power of Crowdfunding for Startups and Business

Crowdfunding Definition: Crowdfunding is the “financing of a project or an enterprise through many small contributions from many people, typically via the Internet”. Usually, crowdfunding projects are organized on the Internet. In most cases there is a defined minimum amount in advance that has to be achieved in a pre-loaded period, so that the project …

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What is Accounting? Definition with Examples

Accounting Definition: What is Accounting? Accounting means it is a comprehensive system to analyze communication of financial transactions. In other words meaning of accounting is a financial language which assists you in measuring your growth year on year. Accounting language was introduced as soon as paper money was used for exchange. Since initially volume of …

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What is Investment Banking and Services offered by Investment Bankers

Investment Banking Definition: An Investment banking is a bank who provide consulting services to governments, organisations, individuals, corporate for raising capital investment, mergers and acquisitions, trading into equities, currencies, derivatives, commodities, fixed income instrument, etc. For corporations, investment banks plays important role by offering advisory services on when and how to launch securities into open …

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What is Private Banking and Services offered by Best Banks

Private Banking Definition: Private banking is the bank that provides customised financial solutions to high net worth individuals or those who belong to higher income class. Private Banks aims to provide best investment and wealth management products for those high net worth individuals who can invest large amount of money. Services provided by private banks …

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What is Commercial Bank and Services provided by Commercial Banks

Commercial Bank Definition: Commercial Bank provides services like accepting deposits, lending business, auto, home loans and essential investment products for customers like savings accounts, term deposit and many more where bank in exchange compensate interest on investments and deposits. Some of the commercial banks in India are Indian Bank,  Andhra Bank, Punjab National Bank, Canara …

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What are the Different Types of Banking and Financial Institutions

There is lot more to banking term than what most of the people recognize. Not all banks are shaped in equal manner or to operate for the same reason with same fundamentals. Since individuals or corporate have diversified needs of finance. “Different types of financial institutions and banking institutions are operated to classify services based …

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What are the Different Types of Financial Services?

Financial services are used to perform a wide range of tasks. The first step is to make it simpler for individuals to conduct transactions of goods and services in the economy. Similarly there are various different types of financial services provided by banks and financial institutions for distribution of capital funds, transformation of risk and …

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