The cancelled debt meaning is exactly what the term denotes. Cancellation of debt refers to the event when a creditor releases you from a debt obligation. You have options to negotiate directly with the creditors for debt forgiveness. You can also explore debt relief programs and file for bankruptcy to get your debt cancelled. All …
Post Type Archives: Glossary
Capital Gain
Capital gain means any gain or profit you get by selling or transferring a capital asset. These include stocks, bonds, orreal estate. Capital gain only comes into play when you sell such an asset at a price that is higher than what you paid for it. Capital gain is considered in taxation under the head …
Cardholder
The term ‘cardholder’ is usually used in the context of credit cards but can be used to refer to any individual holding a specific card. If you are a cardholder, it means you are authorised to use a specific card that offers you a set of benefits or privileges. You are a primary cardholder if …
Cash Ratio
Cash ratio is usually discussed when a financial institution or investor is looking to offer a loan to a business. It refers to the liquidity of a business in terms of how easily it can service debt. You can understand the cash ratio definition better by seeing how it is calculated: Cash Ratio = Cash …
Cash Settlement
If you are new to investing in the stock market, you must be wondering what is cash settlement. A cash settlement is a method in futures and options trading to settle the contracts at expiry. In this method, the seller does not deliver the physical underlying asset to the buyer but instead transfers cash. This …