Definition of Mutual fund

A mutual fund is a company that pools money from many investors and invests the money in stocks, bonds, short-term money market instruments, other securities and assets, or some combination of these investments. The combined holdings the mutual fund owns are known as its portfolio. Each share represents an investor’s proportionate ownership of the fund’s holdings and the income, those holdings generate. It is a common mode of community investment mobilization. It earns income by interest or dividend or both from the securities it holds.

Definition of Offshore banking

It refers to the banking system which is set up in specially demarcated zones which are separate from the domestic banking system and which raised funds for its operation from offshore or non-resident sources for investment in domestic and or third country projects.

It also refers to the banking operations that cover only non-residents and do not mix with the domestic banking. An off shore banking centre is a place where deliberate attempt is made to attract international banking by offering many concessions in the form of taxes and levies being imposed at lower rates or not being charged.

Definition of Merchant banking

A merchant bank may be considered as an institution which centers its operation on all or mostly in management of issue of various securities traded in stock exchange, underwriting, project counseling, corporate counseling in areas of capital restructuring or effective management of finance, amalgamations, mergers, takeovers, technical consultancy services, portfolio management, investment management, equipment leasing and providing venture capital etc.

Definition of Mixed banking

Commercial banking and investment banking combined together is referred to as mixed banking. These two types of banking are completely different from each other. Commercial banks are engaged in short-term financing while investment banks are engaged in log-term financing. Commercial banks’ deposits are of short duration and payable on demand or short notice.

Definition of Investment banking

Investment banks are institutions which assist commercial organizations in raising long-term capital through the sale of shares, stocks, debentures and bond. It is a system where banks arrange long-term funds for business and industry. They work both as financiers as well as underwriters. As financiers they themselves provide long-term funds to business and industry.

Definition of Chain Banking

For the existence in competition some weak banks agreed to go on their banking activities on the direction of a single manage. Their purpose is to earn more profit and increase good will. This type of banking system is called chain banking. There may not be specified number for the bank. Such types of banks were found in U.S.A. before 1920. There is no chain banking system in Bangladesh.

Definition of Branch bank

Branch banking is a system where a bank with a network of branches throughout the country carries out its banking operations. Sometimes branches are also opened outside the country. However, small banks may like to restrict their branches or offices to a certain region of the country.
Branch banking is a popular system of banking in the subcontinent as well as many other countries of Asia and Africa. It is originated from United Kingdom.

Definition of Unit bank

In the unit banking system the banking operation are carried by through a single office in a particular area. The size of the bank is usually small and the capital is limited. So it provides limited service to its clients. USA is called the homeland of Unit banking system and about 85% banks of USA are unit bank. These bank Conduct their banking operation by the Corresponding banking system.

What is Scheduled bank

A bank may be scheduled or non-scheduled bank. ‘Scheduled bank’ has been defined by the Bangladesh bank order-1972.
According to Bangladesh bank order-1972 article (1), A scheduled bank means a bank for the time being included in the list of banks maintained by the central bank under sub-clause (a) of clause (2) of article 32. Any bank not included in this list is a non-scheduled bank. For example, as of today, Grameen bank is not a scheduled bank. All the commercial banks in Bangladesh are, however, scheduled banks. Now the total number of scheduled banks is 51.

Definition of Migration

Migration is as old as humanity itself. It has occurred throughout human history, beginning with the movements of the first human groups from their origins in East Africa to their current location in the world. Migration means the movement of people from one place in the world to another for the purpose of taking up permanent or semi permanent residence, usually across a political boundary.

subsidiary ledgers Definition

A subsidiary is a group of accounts with a common characteristic. The subsidiary ledger frees the general ledger from the details of individual balances. A subsidiary ledger is an addition to, and an expansion of the general ledger.

What do you mean by adjusting entries

Adjusting entries are journal entries made at the end of the accounting period that adjust the general leadger accounts to more accurately state the revenues and expenses or the income statement for the period and the assets and liabilities on the balance sheet at the end of the period.

Social Definition of Crime

Though ‘crime’ refers to a multidimensional thinking of committing any act which has harmful effect and legal sanction for the violation of law but it could be explored from different perspectives observed in a society. The social definition of crime could be referred to the following: ‘’Any anti-social act which penetrates the statuesque of the society due to the action of the individual for the disintegration of himself to the society and if the act causes any violation of social order or the social norms, that specified act can be treated as a crime.’ (Giddens, 2006) Usually, the penalty or sanctions for the misdeeds are applied by the society either formally or informally to the violator of the social order to reinforce the social norms. Laws are the social norms defined and enforced by the governments of any country to restrict those anti-social behaviors, which are meant as crimes.

Legal Definition of Crime

The word “crime” juggles up many images, of mugging and murder, of cheating on taxes and illicit trading on drugs. The penal codes define thousands of crimes, differing from each other but with certain common elements. They all are human acts in the ground of violation of law, committed by an actor who acted with a criminal intent to cause a specified harm. Nevertheless, crime is an act defined by the law. Unless the elements specified by criminal law are present and proved beyond a reasonable doubt, a person should not be convicted of a crime. The following definition could serve as a legal definition

Definition of Survey Research Method

Survey means “to look or see over or beyond”. In social sciences, it refers to the technique of collection of data through interview, questionnaire, secondary sources in the light of a specific research objective. Mark Abrams defines survey as “a process by which quantitative facts are collected about the social aspects of a community position and activities”. It is probably the best method available to the social scientist interested in collecting original data for purposes of describing a population which is too large to observe directly. Surveys could be very well used for descriptive, explanatory and exploratory researches.

Definition of Research Method

Research method is the functional action. Strategy to carry out the research in ; the light of the theoretical framework and guiding research questions and or the proposed hypotheses.
Research Method, therefore, is a planned and systematic approach of investigation that denotes the detail framework of the unit of analysis, data gathering techniques, sampling focus and interpretation strategy and analysis plan.