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1492 terms

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.

Showing 1 term

Depositor Education and Awareness Fund

Regulation & tax
Also called: DEAF

The Reserve Bank fund to which balances in deposit accounts left unoperated for ten years are transferred by banks.

In plain terms

Your claim is still on the bank and it never expires — the bank pays you and then recovers the amount from the fund. The transfer moves the money, not the entitlement.

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Indian stock market glossary · Market Vidyalaya