Glossary

 

Surplus

An excess amount of something.

Livestock

The stock of animals with a person is called livestock .

Investment

Investment refers to spending money with the intention of earning an extra amount in return after a certain period of time.

Fixed Deposit

Refers to deposits with a fixed maturity date .

Deferred Payments

Payments which are to be made in the future are known as deferred payments.

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Davneet Singh's photo - Co-founder, Teachoo

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Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.