Company Full Names.. (just for fun)
1. NIIT : Not Interested in IT
2. WIPRO : Weak Input, Poor & Rubbish Output
3. HCL : Hidden Costs & Losses
4. TCS : Totally Confusing Solutions
5. INFOSYS :Inferior Offline Systems
6. HUGHES : Highly Useless Graduates Hired for Eating and Sleeping
7. BAAN : Beggars Association and Nerds
8. IBM : Implicitly Boring Machines
9. SATYAM : Sad And Tired Yelling Away Madly
10. PARAM : Puzzled And Ridiculous Array of Microprocessors
11. C-DOT : Coffee During Office Timings
12. AT&T : All Troubles & Terrible
13. CMC : Coffee, Meals and Comfort
14. DEC : Drifting & Exhausted Computers
15. BFL : Brainwash First and Let them go
17. TISL : Totally Inconsistent Systems Ltd.
18. PSI : Peculiar Symptoms of India
19. ORACLE : On-line Romance And Chatting with Lady Employees.
20. PATNI: Pathetic Appraisal Techniques, No Increments.
21. MASTEK: Mad and Stupid Technicians Enroute to Kabaadkhana
Monday, November 1, 2010
Tuesday, November 24, 2009
Secured loans
Secured loans are those loans that are protected by an asset or collateral of some sort. The item purchased, such as a home or a car, can be used as collateral, and a lien can be placed on such purchases. The finance company or bank will hold the deed or title until the loan has been paid in full, including interest and all applicable fees. Other items such as stocks, bonds, or personal property can be put up to secure a loan as well.
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan.
A mortgage loan is a very common type of debt instrument, used by many individuals to purchase housing. In this arrangement, the money is used to purchase the property. The financial institution, however, is given security — a lien on the title to the house — until the mortgage is paid off in full. If the borrower defaults on the loan, the bank would have the legal right to repossess the house and sell it, to recover sums owing to it.
In some instances, a loan taken out to purchase a new or used car may be secured by the car, in much the same way as a mortgage is secured by housing. The duration of the loan period is considerably shorter — often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. A direct auto loan is where a bank gives the loan directly to a consumer. An indirect auto loan is where a car dealership acts as an intermediary between the bank or financial institution and the consumer.
A type of loan especially used in limited partnership agreements is the recourse note.
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan.
A mortgage loan is a very common type of debt instrument, used by many individuals to purchase housing. In this arrangement, the money is used to purchase the property. The financial institution, however, is given security — a lien on the title to the house — until the mortgage is paid off in full. If the borrower defaults on the loan, the bank would have the legal right to repossess the house and sell it, to recover sums owing to it.
In some instances, a loan taken out to purchase a new or used car may be secured by the car, in much the same way as a mortgage is secured by housing. The duration of the loan period is considerably shorter — often corresponding to the useful life of the car. There are two types of auto loans, direct and indirect. A direct auto loan is where a bank gives the loan directly to a consumer. An indirect auto loan is where a car dealership acts as an intermediary between the bank or financial institution and the consumer.
A type of loan especially used in limited partnership agreements is the recourse note.
Life is a game
Life is a game,
A game of chess,
If you make a wrong move,
Your winning chances are less.
Life is so precious,
Life is so beautiful,
Life is a real game,
So make winning your aim.
A game of chess,
If you make a wrong move,
Your winning chances are less.
Life is so precious,
Life is so beautiful,
Life is a real game,
So make winning your aim.
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