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Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Capitalised interest

Market basics
Also called: Interest capitalisation

Unpaid interest added to a loan’s principal, so that interest is charged on it from then on.

In plain terms

What happens to education-loan interest left unpaid during the course — you then pay interest on interest.

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Indian stock market glossary · Market Vidyalaya