Definition of banking domain concepts Banking domain concepts refers to the various areas or components for which the knowledge is collected to understand how the specific field or banking segments operate around the products and services, sales and distribution, customers, process, technology and people. Brief about the Banking Domain Concepts A bank is a regulated and … Read more
Definition of Prime brokerage accounting Prime brokerage accounting refers to dealing with a bunch of services that financial institutions and investment banks offer to large investment clients, private equity firms, wealthy investors and hedge fund that require borrowing of cash or securities to engage in netting for absolute returns. The services covered under prime brokerage … Read more
What are Balanced Funds? Balanced funds definition indicates the mutual funds that constitute a bond, a stock or often a money market component in an individual portfolio/asset class. However, balanced funds definition includes … Read more
What is Preference Share? A preference share is a special category of dividends that are paid before the common stock dividends are issued. Moreover, the shareholders of preference shares hold preferential rights while sharing profits over the common stockholders. Suppose, if a company faces bankruptcy, then the shareholders of the preference shares have the first … Read more