What is eft?, Other Engineering

Assignment Help:

What Is EFT?

EFT is short for Electronic Funds Transfer in finance. An EFT is a method of transferring money from one bank account directly to another account without any paper finance or money actually changing hands. The two accounts do not have to be in the same finance bank.Exchange Traded Funds or (ETFs) are a relatively new phenomenon and are instantly gaining popularity rapidly. This post outlines the key features of an ETF.ETFs are like mutual funds because they hold an underlying asset like finance stocks, debt, commodities future contracts etc. If you are new to the concept of an ETF, think of it as a mutual fund, and build your understanding from thereon. An example of an ETF is the SBI Gold ETF, which holds physical gold as its underlying asset.

Expertsmind.com offers unique finance assignment help


Related Discussions:- What is eft?

Compressor stall and surge of aircraft, Compressor stall and surge: ‘Su...

Compressor stall and surge: ‘Surge' can occur in both centrifugal and axial flow compressors and is the reversal of the airflow in the compressor. It is a very undesirable con

Estimate the energy loss from the pipe per meter , A 50 cm  diameter pipeli...

A 50 cm  diameter pipeline in the Arctic Carries hot oil at 30 0 C and exposed to a surrounding temperature of -20 0 C. Special powder insulation 5 cm thick surrounds the pipe an

Difference between income & expenditure statement, Difference between incom...

Difference between income & expenditure statement P&L is to be ready by the Company or Dealing Origination which evolved in Dealing of any commodity or manufacturing of completed e

Civil sit problems & its solution, two frames are not joint properly so cre...

two frames are not joint properly so create gap between two frames so material lick from this gap

sweep effects, In the previous discussion, we investigated the static aero...

In the previous discussion, we investigated the static aeroelastic behaviour of straight (unswept) wings. These wings are characterised by an effective decoupling of wing bending a

Oil tank- aircraft engine, Oil tank: The oil tank is usually mounted on...

Oil tank: The oil tank is usually mounted on the engine; it may be a separate unit or part of an external gearbox called the sump. It has provision to allow the system to be f

Presintering, Presintering is an operation in which the powder metallurgy ...

Presintering is an operation in which the powder metallurgy components after compaction are heated for a short time to a temperature considerably below the final sintering tempera

Enhancing finance revenue.., Enhancing finance revenue In Corporate Fin...

Enhancing finance revenue In Corporate Finance and Business financial is the area of financial that promotion with financial options of organizations. Its main objective is to

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd