the terms of which constitute the entire agreement between the parties and no clause or provision may be amended or modified by mutual agreement. For example, an insurance contract is a closed contract, while a construction contract may not be a contract. See also Open Contract. The financial dictionary is a dictionary or database that contains the meaning of all financial terms. The Financial Dictionary was created to help anyone interested in understanding financial terms. It is extremely important to know what the financial terms mean when you sign the terms and conditions. If you use financial products, you can easily get scammed if you don`t know what you signed up for. To avoid this, you need to be clear about what the terms really mean. If you are considering taking out a home loan, it is important that you understand the conditions under which your bank sanctions the loan. You need to understand every written condition on the loan agreement, otherwise you will end up choosing a lender that charges high interest rates or strict conditions. To avoid this, simply log in to our website and understand the meaning of financial terms with the financial dictionary. Meaning of the contract concluded and definition of the contract concluded Transfers of positions (a) The Clearing House may, in its sole discretion, transfer any closed contractual position (or, in the circumstances described in clause (a) (iv) below, an open contractual position) held by a participant, either (i) in the books of that participant or (ii) from the books of that participant to the books of another participant.
If the transportation of students or customers is no longer required under a contract concluded, the Council may terminate the contract at any time with immediate termination. For any service operated under a contract, or for a local bus service that begins or ends at a school location, the driver must explain the emergency evacuation procedure to all passengers at the beginning of each half-time, inform them of the location and operation of emergency exits on the vehicle, and inform them of the availability and use of seat belts in the vehicle. We have developed this financial dictionary that can be used by anyone for free on our website. We have provided the meaning of almost all financial terms as well as the context in which they can be used. If you have persistent doubts about a financial term, all you have to do is log in to our website and read the financial dictionary. . If you are a financial advisor, it is extremely important to stay informed about the latest financial conditions. At IndianMoney.com update all new terms used in personal finance in the financial dictionary. You can refer and update yourself to effectively serve customers. It is a double gold mine to increase your efficiency and bring more money to customers. If you want to invest in a financial product, you need to understand various financial terms.
Failure to do so can result in losses. Many financial intermediaries mislead you in order to make quick profits. You can avoid this by understanding financial terms and making smart investment decisions. At the time when an open contractual position becomes a closed contractual position, a participant holding such a position retains all margin obligations related to the settlement or delivery of such a contract, as required by the relevant contractual rules. If you want to invest in the stock market, it is extremely important to understand each term associated with it. A small misunderstanding can lead to large losses in a matter of seconds. It is only advisable to know the meaning of all terms before investing. The most comprehensive financial dictionary that covers all financial terms. Presented by India`s largest free financial education company – IndianMoney.com. Our financial dictionary has three main categories.
First of all, they are the “most searched words”. These are the terms/words commonly used in finance. You can simply click on the words to learn their meaning. The second category is “Recently added words”. These are the terms/words that are new to the financial world but have meaning. The third is “You read recently.” If you have already used our financial dictionary, verified words and their meaning will be displayed in this category. (a) Each participant shall establish a clearing account to maintain its open contractual positions, closed contractual positions, profit or loss amounts and corresponding margin requirements. .