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  2. Fineness - Wikipedia

    en.wikipedia.org/wiki/Fineness

    24-carat gold is pure (while 100% purity is very difficult to attain, 24-carat as a designation is permitted in commerce for a minimum of 99.95% purity), 18-carat gold is 18 parts gold, 6 parts another metal (forming an alloy with 75% gold), 12-carat gold is 12 parts gold (12 parts another metal), and so forth.

  3. Floating interest rate - Wikipedia

    en.wikipedia.org/wiki/Floating_interest_rate

    A customer borrows $25,000 from a bank; the terms of the loan are (six-month) SOFR + 3.5%. At the time of issuing the loan, the SOFR rate is 2.5%. For the first six months, the borrower pays the bank 6% annual interest: in this simplified case $750 for six months.

  4. Carat (mass) - Wikipedia

    en.wikipedia.org/wiki/Carat_(mass)

    The conversion rates 1 solidus = 24 carats, 1 carat = 4 grains still stand. [16] Woolhouse's Measures, Weights and Moneys of All Nations [ 17 ] gives gold fineness in carats of 4 grains, and silver in troy pounds [ 17 ] of 12 troy ounces of 20 pennyweight each.

  5. Refinancing - Wikipedia

    en.wikipedia.org/wiki/Refinancing

    Refinancing is the replacement of an existing debt obligation with another debt obligation under a different term and interest rate. The terms and conditions of refinancing may vary widely by country, province, or state, based on several economic factors such as inherent risk, projected risk, political stability of a nation, currency stability, banking regulations, borrower's credit worthiness ...

  6. Tola (unit) - Wikipedia

    en.wikipedia.org/wiki/Tola_(unit)

    The tola (Hindi: तोला / Urdu: تولا, romanized: tolā; also transliterated as tolah or tole) is a traditional Ancient Indian and South Asian unit of mass, now standardised as 180 grains (11.6638038 grams) or exactly 3 ⁄ 8 troy ounce.

  7. 1996 Bathani Tola massacre - Wikipedia

    en.wikipedia.org/wiki/1996_Bathani_Tola_massacre

    The attack on Bathani Tola, was an effort to weaken the resolve of Communist Party of India (Marxist–Leninist) Liberation cadres organizing in the village and to prevent a labor boycott on hundreds of acres of land. None of the Ranvir Sena leaders were ever arrested for the Bathani Tola massacre. [1]

  8. Amortization calculator - Wikipedia

    en.wikipedia.org/wiki/Amortization_calculator

    An amortization calculator is used to determine the periodic payment amount due on a loan (typically a mortgage), based on the amortization process.. The amortization repayment model factors varying amounts of both interest and principal into every installment, though the total amount of each payment is the same.

  9. Money market in India - Wikipedia

    en.wikipedia.org/wiki/Money_market_in_India

    The influence of the Reserve Bank of India's power over the Indian money market is confined almost exclusively to the organised banking structure. It is also considered to be the biggest regulator in the markets. There are certain rates and data which are released at regular intervals which have a huge impact on all the financial markets in India.