Personal Finance
Chattel
Definition: Chattel is a movable asset that can be easily transferred ownership, such as personal property, livestock, and goods. Examples: Automobiles Furniture Electronics Appliances Clothing Livestock Jewelry Weapons Key Features: Movable: Chattel is tangible and can be moved easily. Transferable: Ownership of chattel can be readily transferred. Personal Property: Chattel is generally considered to be […]
Maintenance Expenses
Definition: Maintenance expenses are costs associated with keeping assets in their current condition and preventing their premature deterioration, ensuring their continued functionality and availability for use. These expenses include routine upkeep, repairs, and replacements. Components of Maintenance Expenses: Preventive maintenance: Costs incurred to prevent problems from arising, such as regular inspections, lubrication, and minor repairs. […]
Shortfall Cover
A shortfall cover is a supplemental payment made to an investor when the market value of their investments falls below the value of their obligations. It’s designed to ensure that investors maintain their previously achieved returns, even if the market turns against them. Here’s a breakdown of the key points: Shortfall: When the current market […]
Bank Card
A bank card is a plastic card issued by a bank to its customers that allows them to make purchases and withdraw cash from ATMs worldwide. There are different types of bank cards including debit cards, credit cards, charge cards, and pre-paid cards. Key features of a bank card: Purchase transactions: Bank cards are used […]
Insurance Fraud
Definition: Insurance fraud is the act of making false or misleading statements to obtain insurance benefits or payments. It involves various schemes and practices that aim to deceive insurance companies and obtain illegitimate gains. Types of Insurance Fraud: Auto Fraud: Staging accidents, altering vehicle damage reports, and submitting false claims for auto repairs. Property Fraud: […]
Settlement Bank
Settlement Bank A settlement bank is a bank that temporarily holds funds on behalf of two parties involved in a transaction, typically a buyer and seller, until the settlement date. Process: Funds Transfer: The buyer transfers funds to the settlement bank. Payment Instruction: The seller provides a payment instruction to the settlement bank. Payment Release: […]
Credit Insurance
Credit Insurance Credit insurance is a type of supplemental insurance that protects your credit score and helps you recover it if it is damaged due to unforeseen circumstances. It typically covers situations such as job loss, medical bills, and other unforeseen events that can lead to financial hardship and negatively impact your credit score. Key […]
Altered Cheque
An altered cheque is a cheque that has been tampered with in some way, typically by altering the amount or the signature of the endorsee. There are a number of ways to alter a cheque, including: Smudging the ink: This can be done by dipping a pen or brush into a solvent, such as alcohol, […]
Electronic Money
Electronic Money (EMoney) Electronic money (e-money) is a digital form of money that can be stored and transferred electronically. It is often used for online payments, money transfers, and other financial transactions. Types of Electronic Money: Central Bank Digital Currency (CBDC): A digital currency issued by a central bank. Cryptocurrencies: Decentralized digital currencies not controlled […]
Sales Draft
Subject: Sales Draft Template Dear [Recipient’s Name], Greetings from [Your Company’s Name]! I hope this email finds you well. My name is [Your Name] and I’m [Your Title] at [Your Company’s Name]. I’m reaching out to you today to express interest in [Product/Service] and see if you have any questions. [Describe the product/service briefly] [Product/Service] […]
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.