Financial Glossary

Body Mass Index (BMI) is a simple numerical measure, calculated from a person's height and weight, used to broadly categorize whether their body weight falls within a healthy range.

Basal Metabolic Rate (BMR) is the number of calories your body needs each day to perform basic, life-sustaining functions such as breathing, circulation, and cell repair while completely at rest.

Body Fat Percentage is the proportion of your total body weight that comes from fat, as opposed to muscle, bone, organs, and water.

Built-Up Area is the total floor area of a unit, including the Carpet Area plus the thickness of the walls and any balcony or utility space attached to the unit.

Compound Annual Growth Rate (CAGR) is the geometric progression ratio that provides a constant rate of return over a specified time period.

Carpet Area is the actual usable floor space within the walls of an apartment or unit, excluding the thickness of the walls themselves — essentially, the area you could cover with a carpet.

Compound interest is interest calculated on both the original amount invested or borrowed and on the interest that has already accumulated, causing a balance to grow faster over time than it would with simple interest.

CTC (Cost to Company) is the total amount an employer spends on an employee in a year, while in-hand salary (or take-home pay) is the actual amount credited to the employee's bank account each month after deductions.

Daily Calorie Needs is the number of calories a person should eat each day to reach a specific weight goal — losing, maintaining, or gaining weight — based on their metabolism and activity level.

An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month.

A Fixed Deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account until a given maturity date.

Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services.

House Rent Allowance (HRA) is an amount paid by employers to employees as part of their salaries to meet the cost of rented accommodation.

Ideal Body Weight (IBW) is an estimated healthy weight, calculated from a person's height and sex using one of several established clinical formulas, used as a general reference point rather than a single precise target.

An income tax slab is a range of income taxed at a specific rate under a progressive tax system, where higher portions of income are taxed at higher rates.

The National Pension System (NPS) is a voluntary, defined-contribution retirement savings scheme designed to enable systematic savings during working life.

Pace is a measure of how much time it takes to travel a fixed unit of distance — such as minutes per kilometer or minutes per mile — commonly used in running, walking, and cycling to track and compare performance.

A percentage is a way of expressing a number as a fraction of 100, written with a % sign, used to describe proportions, changes, and comparisons in a standardized way.

Public Provident Fund (PPF) is a popular long-term savings-cum-tax-saving instrument in India, backed by the central government.

A Recurring Deposit (RD) is a special term deposit offered by banks which helps people with regular incomes to deposit a fixed amount every month into their RD account and earn interest at rates applicable to Fixed Deposits.

Simple interest is interest calculated only on the original principal amount, at a fixed rate, for the entire duration of a loan or investment — it does not compound.

A Systematic Investment Plan (SIP) is an investment route offered by mutual funds wherein one can invest a fixed amount in a chosen scheme periodically.

Super Built-Up Area, often called the saleable area, is a unit's Built-Up Area plus a proportionate share of shared building spaces like the lobby, staircases, elevators, and clubhouse — this is the figure developers typically use to price a property.

A target heart rate zone is a personalized range of heartbeats per minute that corresponds to a desired training intensity, calculated from an estimated maximum heart rate and, in more precise methods, resting heart rate.

Total Daily Energy Expenditure (TDEE) is the total number of calories your body burns in a full day, combining your resting metabolism with the energy used for daily activity, exercise, and digestion.

Tax Deducted at Source (TDS) is a system introduced by the tax department where the person responsible for making specified payments deducts tax before releasing the payment.