A derivative is a financial contract whose value is derived from th…
Depreciation refers to the reduction in the value of an asset over …
Deflation is the decline in the general price level of goods and se…
A default occurs when a borrower fails to meet the legal obligation…
A debit refers to an entry recording an amount owed, typically asso…
A Current Account is a type of bank account primarily used for day-…
Cryptocurrency is a digital or virtual currency that uses cryptogra…
Credit Union is a member-owned financial cooperative that provides …
Credit score is a numerical representation of a person’s cred…
Credit limit is the maximum amount of credit a financial institutio…
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