Tag: meaning and definition of financial market

Factoring is a financial service under which the factor undertakes collection, accounting and management of the client's debt. Thus the factor is an intermediary between the supplier and the customers who performs financing and debt collection services.

Sick industrial company is company registered for not less than five years which has to the end of any financial year, accumulated losses equals to or exceeding its entire net worth.

The most important and visible effect of globalization and integration of financial markets is the increase in volatility in:
1. Interest rates
2. Exchange rates &
3. Prices of financial assets change quite frequently in response to various changes taking place in different segments of the financial markets  all over the world.

The strategy adopted by the developing countries to strengthen the domestic industries by an providing lot of protection to domestic industry in the form of heavy tarrifs/ restrictions on imports is called the inward oriented strategy. Thus the main feature of the inward oriented strategy is to lay stress on domestic production.

A cosmopolitan city is a city that has a high diversity of population with the high number of population with a better life style than a village which suggests that it is a city of great wealth too.

Apna bazar is an example of consumer's co-operative society. A consumer cooperative can be defined as a cooperative business owned by its customers for their mutual benefit. This type of cooperative business is service oriented rather than pecuniary profit.

Product development strategy involves the substantial modification of existing products or the creation of new but related products that can be marketed to current customers through established channels. It helps in the process of expansion of the existing business. Product development strategy can be defined as a process of bringing a new innovation to consumers from concept to testing through distribution.

Investors are concerned about ethics, social responsibility and reputation of the company in which they invest. Investors do a critical evaluation of the background of the company before investing. Critical evaluation involves the ethical practices and social responsibility performed by the company.

An investor or speculator is a person who subscribes to a new issue, expecting the price of the stock to rise immediately upon the start of trading is known as stag. The sole aim of a stag is to sell the shares soon after the allotment to realize a quick profit.

Axis Bank is India's largest private sector bank. Axis Bank provides spectrum of financial services including personal and corporate banking. It is famous for providing credit cards facility worldwide. The head office of Axis Bank is situated in Mumbai, Mahashtra.