Finance Industry

Finance industry unites a group of money management services: banks, funds, exchanges, credit unions, investment, and insurance companies, the main purpose of which is to preserve and increase capital



Artificial intelligence

The study of how to make computers do intelligent things that people can do, such as think and make decisions.


Something that is owned by a person, company, or organization, such as money, property, or land.

Asset amangement

The management of someone's money, stocks, shares, etc.


An official paper given by the government or a company to show that you have lent them money that they will pay back to you at a particular interest rate.


A substance or a product that can be traded in large quantities, such as oil, metals, grain, coffee.


A digital currency produced by a public network, rather than any government, that uses cryptography to make sure payments are sent and received safely.


The act of placing cash (or cash equivalents) with some entity, most commonly with a financial institution such as a bank.


The value of a company, divided into many equal parts owned by the shareholders, or one of the equal parts into which the value of a company is divided.

Home equity loan

A type of loan in which the borrower uses the equity of his or her home as collateral.

IMEI (International Mobile Equipment Identity)

A number, usually unique, to identify 3GPP and iDEN mobile phones, as well as some satellite phones.

Intangible asset

Something valuable that a company has that is not material, such as a good reputation.

Investment product

A type of investment, such as bonds or shares, that is sold by a financial organization and that pays interest or a dividend.


Lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc.

Machine learning

The scientific study of algorithms and statistical models that computer systems use to perform a specific task without using explicit instructions, relying on patterns and inference instead. It is seen as a subset of artificial intelligence.

Mobile banking

The act of sending, receiving, or managing money using a mobile phone.

ROE (Return on equity)

A measure of the profitability of a business in relation to the equity, also known as net assets or assets minus liabilities. ROE is a measure of how well a company uses investments to generate earnings growth.

Retail banking

The part of a bank’s work that is concerned with providing services to members of the public, rather than to businesses or large organizations.


A tradable financial asset.


One of the units that the ownership of a company, fund, etc. is divided into and which can be bought by members of the public.


Part of the ownership of a company that people have as an investment in the form of shares.

Tangible asset

A physical asset whose value can be easily measured, such as cash, property, goods, or machinery.


A business deal or action, such as buying or selling something.

Usage-based insurance (pay-as-you-go)

A type of vehicle insurance whereby the costs are dependent upon type of vehicle used, measured against time, distance, behavior and place.


The act of taking an amount of money out of your bank account.