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This is the highest figure up to which a loan will be available for a borrower. Banks do not lend above this figure and hence this amount acts as a cap for anyone looking to borrow money.

The amount of security that is considered by the lender in the process of giving a loan. The amount of the loan is usually less than the value of the asset by a specific percentage and this is known as the margin. This is done in order to provide a layer of safety for the [...]

A process whereby the details about the disbursement of the loan amount, facilities for the repayment, conditions relating to the operation of the loan and other factors are decided. These determine the behaviour of the borrower with respect to the loan and how he/she will fulfil the various conditions related to the loan.

A process whereby the amount of a loan is returned to the lender. There is usually a schedule for the repayment of the loan and this can be through equal payments each month or even lump sum payments at specific time intervals.

A borrowing whereby the borrower gets a certain amount of funds for a specific period of time at a rate of interest and where there is a security of property provided to the lender against the borrowing.

A process whereby funds are lent by one party to the other for a specific period of time at a rate of interest that is specified. This allows the usage of funds by a borrower who has a need for the fund but does not have the means while at the same time the lender [...]

The presence of money in a form whereby it can be used or spent is known as liquidity. This represents amounts that are present in cash or can be converted into cash immediately or in a short period of time.

A person or an entity that gives money to someone else for a specific period of time. The money will be returned and for the effort of lending there is an earning in the form of interest.

This is the amount calculated as a specified percentage of the amount lent that is paid to the lender or the investor. This represents the rate of return for the person or entity lending the money and is a key figure that is considered in selecting a fixed deposit.

A process whereby the income tax authorities consider the return that is filed by a person or entity and determine the tax liability. When the assessment is complete the authorities often send a statement stating the final figures that they arrive at along with the additional amount to be paid or the refund to be [...]