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Why should pensioners get money?

They need to have sufficient funds to live on, and if they are not working, how are they going to get it other than their pensions and government handouts?


What 's a cold check?

A 'cold check' is a check written on an account which lacks the sufficient funds to cover the amount of debt. Such checks can be written inadvertently or on purpose. Writing a cold check is a prosecutable offense in many jurisdictions. The term 'cold check' is common to the US state of Kentucky, and may or may not be used in other English-speaking regions of the world.


What are some known global funds?

Some well known global funds are the Russell Global Equity and the Nuveen Tradweinds Global All Capital Fund. Other known funds are the Oppenheimer Global Opportunities Fund and the Ivy Cundhill Global Fund.


What is it called if you have arranged beforehand for your bank to honor a check for which you have insufficient funds in your checking account?

This is called an overdraft loan, and is normally only granted when the account holder has other deposits (savings, certificates) in the same bank, which would be sufficient collateral for the credit extension.


How do the various types of mutual funds differ?

Stock, bond, and hybrid funds invest in long-term securities, and as such are known as long-term funds. Hybrid funds invest in a combination of stocks, bonds, and other securities


What is the penalty for writing a check with no funds to cover it?

Knowingly giving a check without sufficient funds is a crime. Though criminal intent may be difficult to prove. Other penalties may be your bank's NSF fee as well as the merchant's fee for bad check. Some states will give the aggrieved party up to 3 times the amount of the check plus court costs. If you can, ask your bank for an overdraft protection account or an overdraft privelege.


How can I use my debit card as credit with no money in my account?

Using your debit card as credit with no money in your account is not recommended, as it can lead to overdraft fees and other financial consequences. It is important to only make purchases with your debit card when you have sufficient funds in your account to cover the transaction. If you need to make a purchase but do not have enough money in your account, consider other payment options or wait until you have sufficient funds available.


What is oua in hdfc bank statement?

Well, darling, "OUA" in an HDFC bank statement stands for "Outward Unpaid Cheque." It simply means that a check you wrote bounced like a basketball and didn't get cashed because of insufficient funds. Time to tighten those purse strings, honey!


Can you pay by check?

Yes, many businesses and organizations accept payment by check, but it's essential to confirm their payment policies beforehand. Checks can be used for various transactions, including bills, services, and purchases. However, some places may prefer other payment methods, such as credit cards or electronic payments, for convenience and security. Always ensure you have proper identification and sufficient funds when paying by check.


What does check reversal mean and how does it impact my financial transactions?

Check reversal refers to the process of canceling a previously deposited or cashed check. This can happen if the check bounces due to insufficient funds or other issues. When a check is reversed, the amount is deducted from your account, potentially causing overdraft fees and impacting your financial transactions by reducing your available funds.


A fund of funds which invests in other offshore funds?

Master funds


What makes ETF funds different from other types of fund?

ETF funds are different from other types of funds because they depend on the background of the person. These funds depend on ethnicity and age of the person.