Triggers vs Stored Procedures In a database, a trigger is a procedure (code segment) that is executed automatically when some specific events occur in a table/view. Among its other uses, triggers are mainly used for maintaining integrity in a database. A stored procedure is a method that can be used by applications accessing a relational […]
Difference Between Arraylist and Vector
Arraylist vs Vector An arraylist can be seen as a dynamic array, which can grow in size. Due to this reason, the programmer does not need to know the size of the arraylist when he/she is defining it. Vector can also be seen as an array that can grow in size. Vectors can be easily […]
Difference Between MICR and Swift Code
MICR vs Swift Code Though there is no connection between MICR and SWIFT codes, many people all over the world are confused between these two terms that signify two latest technologies used by banking institutions to facilitate money transfers. Whereas MICR is the latest technology that has helped immensely in clearing a very high number […]
Difference Between Loan and Mortgage
Loan vs Mortgage Loans can be secured as well as unsecured and they can be for short as well as long durations. The word mortgage only reflects that the loan is secured and the lender has a property as collateral against the sum of money it has given to the borrower. In case of non […]
Difference Between Loan and Debt
Loan vs Debt For a common man, there is no difference between loan and debt. However, when a person needs money to fulfill his dreams of a home for his family, he applies for a loan from a bank or any other financial institution and not for a debt. But when an individual is hard pressed […]
Difference Between Debentures and Shares
Debentures vs Shares There are many ways a company, when it needs to raise capital to meet its various requirements, can get resources. It can obtain loans from banks and private lenders, issue debentures to public or can come up with an issue in the stock market to sell its shares. Investors who provide loan […]
Difference Between Oath and Affirmation
Oath vs Affirmation One swears by god a number of times in his life in front of family and friends to prove a point about himself or someone else. But the same swear by the name of God is called as oath in a court of law. Oath though having no legal force is meant […]
Difference Between Affidavit and Statutory Declaration
Affidavit vs Statutory Declaration We all are aware of the importance of legal documents like affidavit and statutory declarations as we need them frequently for various needs. For example, if we do not have address proof if we have moved to a new place after a transfer for a telephone connection, we may be asked […]
Difference Between Affidavit and Notary
Affidavit vs Notary There are many situations in life when one needs legal documents to support his claims. Often there is a necessity of an affidavit when a person is trying to obtain legal certificates such as driver’s license, telephone connection, or when buying or selling a property. This is a document that contains facts […]
Difference Between Affidavit and Declaration
Affidavit vs Declaration You have been transferred from your place of birth to a new city where you have to apply for utilities in addition to finding a suitable accommodation for yourself. You will find that authorities do not relent with rules and regulations and ask for legal documents in support of your claim. Two […]