ETF vs Mutual Fund The manner in which investors are today putting their money in ETF suggests that this investing tool, which was once heralded as the new kid on the investment block, is today giving mutual funds a run for their money. There is a huge variety of both ETF’s and mutual funds in […]
Difference Between Depression and Recession
Depression vs Recession Blame it upon recession or depression? Depression and recession are two words that we listen and read more often nowadays. Because of their frequent use, even a tea seller on the road now understands the implications of these two phenomenons that economy of a country sometimes faces. Whenever we have low industrial […]
Difference Between Credit Union and Bank
Credit Union vs Bank We all know about banks as we have been to banks ever since we were small kids with our parents and then when we grew up and opened our own savings accounts. We know a little bit about credit unions also; they are financial institutions that work along similar lines and […]
Difference Between Inc. and Corp.
Inc. vs Corp. Inc (an abbreviation for Incorporation) and Corp (an abbreviation for Corporation) are acronyms used at the time of forming a new business entity. Inc. and Corp. are separate institutions, which have been granted a charter recognizing them as a separate legal entities. Both are within the limited liability concept (i.e. share holders, […]
Difference Between RTGS and NEFT
RTGS vs NEFT If you are an Indian, you know how troublesome it was to send money to another account in India earlier. But today, with technologies such as RTGS and NEFT being in place, it is fast, easy and simple to transfer funds electronically. Though, both are electronic fund transfers, there are some differences […]
Difference Between Tax Return and Tax Refund
Tax Return vs Tax Refund Tax return and tax refund are two of the most commonly used terms in almost all tax systems. Tax is a financial charge imposed upon an individual or a legal entity by a state or a functional equivalent of a state, such that, failure to pay is punishable by law. […]
Difference Between RTGS and SWIFT
RTGS vs SWIFT Those who are close to banking industry know about the acronyms SWIFT and RTGS very well. In fact, in modern times when transfer of funds from one bank to another, not just nationally but internationally has become commonplace, people are talking and using these technologies on a much regular basis. While RTGS […]
Difference Between Rollout and Deploy
Rollout vs Deploy ‘Deploy and rollout’ are words with similar connotations, and used almost interchangeably by people, which is wrong. Rollout refers to inauguration or initial public exhibition of a new product or service (or may be a policy). The newly developed electric car will rollout from the factory in a month’s time from now […]
Difference Between DDP and DDU
DDP vs DDU DDP and DDU are among the many international commercial terms that are recognized by ICC and used commonly in international trade and transactions. International commercial terms are acronyms made up of three letters and reflect common trade practices. These incoterms are accepted by authorities and those involved with international trade. DDP stands for […]
Difference Between Swiss Bank and Normal Bank
Swiss Bank vs Normal Bank Why would people in all parts of India be attracted to Swiss banks when they have so many banks operating in their own countries? This is one question that is hard to answer as local banking is always easier than banking with a bank that is located so many thousands […]
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