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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

Loan restructuring

Regulation & tax

Changing the terms of an existing loan — extending the tenure, stepping the instalment down, or allowing a defined period of reduced payment — so that the account keeps performing.

In plain terms

It costs more interest over the life of the loan and preserves the word "closed" at the end of it. Far easier to arrange while the account is still standard.

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Indian stock market glossary · Market Vidyalaya