Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Know Your Client (KYC)

Updated on 2023-08-29T11:54:41.330699Z

It is a process undertaken by financial services companies, majorly banks. In this process, the institution obtains the critical information about the clients, which could help to track the client upon any default, anti-money laundering etc.