White Elephant
The phrase “white elephant” refers to a gift or project that is impractical, expensive, or unwanted. Origin: The term “white elephant” originated in the 16th century, from the legend of the White Elephant of Siam. In the legend, a king of Siam presented a white elephant to his minister as a gift, but the elephant […]
Basis
Basis the foundation or starting point from which something is built or derived. Key points: Examples: Synonyms: Antonyms: I hope this explanation is helpful. Please let me know if you have any further questions. FAQs
Square Off
“square off” has a couple of meanings and interpretations, depending on the context: 1. As a verb: 2. As a phrase: 3. As a slang term: Additional notes: Here are some synonyms for “square off”: I hope this explanation is helpful. Please let me know if you have any further questions. FAQs
Receivables
Definition: Receivables are accounts receivable, amounts due from customers for goods sold or services rendered on credit. They are current assets that represent amounts that are owed to the company by its customers. Types of Receivables: Accounts Payable: Accounts payable are amounts due to suppliers or creditors for goods or services received. They are current […]
Luxury Item
A luxury item can be defined as a product or service that is considered to be highly expensive and exclusive and usually targeted at wealthy consumers. Luxury items often are made with high-quality materials and workmanship, are designed to be visually appealing and also offer prestige and exclusivity to the owner. Characteristics of luxury items: […]
Corporate Debt Restructuring
Corporate debt restructuring is the process of modifying the terms of a company’s debt obligations to improve its financial standing and relieve financial distress. It involves altering existing debt agreements or issuing new debt to reduce debt service costs, extend maturities, or improve liquidity. Types of Debt Restructuring: Reasons for Debt Restructuring: Process of Debt […]
Bid Bond
A bid bond is a surety bond that is required by some governments and companies as part of the bidding process. It guarantees that the bidder will perform the contract if they are awarded the bid. Here are the key points about bid bonds: Here is an example of what could happen if a bidder […]
Benefactor
Definition: A benefactor is a person who is generous in providing financial or other assistance to others, often through charitable contributions. Etymology: The word “benefactor” derives from the Latin word “benefactor,” which means “one who benefits.” Notable Benefactors: Examples: Characteristics of a Benefactor: FAQs
Contingency Fund
A contingency fund is a sum of money set aside for unexpected expenses or situations that are not covered by other budgets. It is a type of emergency fund that is used to cover unpredictable costs that arise during the course of business operations. Here are some key points about contingency funds: Overall, a contingency […]
Budget Deficit
Definition: A budget deficit occurs when the government’s expenditures exceed its revenues. In other words, the government spends more money than it takes in. Causes: Effects: Examples: Managing Budget Deficits: FAQs
Pocketful is an advanced trading platform that empowers traders with cutting-edge technology. We provide innovative tools and resources to make trading more accessible and practical.
Quick Links
- Open an Account
- Pocketful Web
- Pocketful App
- Investment Tool
- Trading Tool
- Support Portal
- Referral Program
Pages
- Calculators
- Blogs
- Stocks Pages
- IPOs
- Government Schemes
- Index Heat Map
- Stock Screener
Products
- Stocks
- Commodity
- Options
- Currency
- Futures
- ETF
- Mutual Funds
Company
- About Us
- Contact Us
- Terms & Conditions
- Policies & Procedures
- Privacy Policy
- Disclosure
- Press & Media
Quick Links
- Open an Account
- Pocketful Web
- Pocketful App
- Investment Tool
- Trading Tool
- Support Portal
- Referral Program
Pages
- Calculators
- Blogs
- Stocks Pages
- IPOs
- Government Schemes
- Index Heat Map
- Stock Screener
Products
- Stocks
- Commodity
- Options
- Currency
- Futures
- ETF
- Mutual Funds
Company
- About Us
- Contact Us
- Terms & Conditions
- Policies & Procedures
- Privacy Policy
- Disclosure
- Press & Media
JOIN THE WAITLIST
Add your details and start your
journey toward a better future with Pocketful in your investing career.