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Tropical Rain Forest

Definition of Tropical Rain Forest

Dense forest of evergreen trees growing in regions of heavy year-round rainfall in tropical latitudes (such as Amazon Basin, Borneo, New Guinea, North-East India, and Zair Basin) and warm temperate latitudes (such as Eastern Australia, Florida, South Africa, South Brazil, South and Central China, South Japan, and New Zealand's North Island). Nearly half of these forests are in the Central and South America, mainly the lower Amazonia and along the coasts of Columbia and Ecuador. Tropical rain forests are the most complex and diverse ecosystems, and sustain the greatest concentration of biological diversity (half of all species of animals and plants) on the Earth. Malaysian rain forests, for example, alone contain some 2500 species of large trees, and Amazon rain forests about 20 percent of all bird species. Once they covered 14 percent of the land area which by 1991 had been reduced to just about 7 percent, and continues to be reduced by about 100,000 square kilometers (62,000 square miles) every year. In addition to producing a vast range of natural products, tropical rain forests help regulate the planet's weather patterns and provide most of the oxygen required to sustain life. They are one of the most threatened ecosystems on the earth, and their disappearance is intimately linked to global warming.

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Financial Dictionary

What is Financial Dictionary?

Financial Dictionary is a dictionary or database that contains the meaning of all financial terms. Financial Dictionary has been created to help anyone, interested in understanding financial terms. It is extremely important to know what the financial terms mean when signing on terms and conditions. When availing financial products, you can be easily cheated if you don’t know what you have signed up for. To avoid this, you must be aware on what the terms really mean.

 

Who is this Financial Dictionary for?

We have developed this Financial Dictionary that could be used by anyone for free on our website. We have provided the meanings of almost all the financial terms along with the context in which they can be used. If you have lingering doubts on any financial term, then all you must do is log on to our website and check out the Financial Dictionary.

 

Why do you need to refer a Financial Dictionary?

If you wish to invest in the stock market, then it is extremely important to understand each and every term associated with it. A small misunderstanding can lead to huge losses in a matter of few seconds. It is only wise to know the meaning of all the terms before investing. The most comprehensive Financial dictionary covering all the financial terms. Brought to you by India's largest Free Financial Education company - IndianMoney.com.

 

What happens if I don’t refer a Financial Dictionary?

If you are planning to avail a Home Loan, then it is crucial for you to understand under what conditions your bank is sanctioning the loan. You must understand each and every term written on the loan agreement or else you will end up choosing a lender who charges high interest or with tough terms and conditions. To avoid this, just log on to our website and understand the meaning of financial terms with the Financial Dictionary.

 

Consequences of Misunderstanding a financial term

If you want to invest in a financial product, you must understand various financial terms. Not doing this could mean losses. Many financial intermediaries misguide you to make quick profits. You can avoid this by understanding financial terms and make smart investment decisions.

 

Uses of Financial Dictionary

If you are a Financial Advisor, then it is extremely important to stay updated on the latest financial terms. We at IndianMoney.com update all the new terms used in personal finance in the Financial Dictionary. You can refer and update yourself, to serve clients effectively. This is a double bonanza of increasing your efficiency and fetching clients more money.

 

How does our Financial Dictionary work?

Our Financial Dictionary has three main categories. First being ‘Most Searched Words’. These are the terms/words that are generally used in finance. You can just click on the words to know their meaning. Second category is ‘Recently Added Words’. These are the terms/words that are new to finance but have significance. Third being ‘You Recently Read’. If you have previously used our Financial Dictionary, then the words checked and their meaning would be displayed under this category.

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