Tuesday, October 28, 2008

The term Equity is generally used when referring to the equity available from an asset, in simple terms equity is the amount of money you have tied up in an asset.
This could be the amount you own/have paid off on a house, you are then able to use the equity as collateral to borrow against, if you choose to take out a mortgage on your house then you will need to have sufficient equity to equal or be greater than the borrowing/mortgaging amount in question.
Realty major Parsvnath is developing Parsvnath Nano City’ in a Joint Venture with Sabeer Bhatia.

Rafel Nadal won the gold medal in Men’s singles Tennis in Olympic Beijing-2008.

The eldest son of the Legendary Vinod Mankad and former Test cricketer, Ashok Mankand, passed away in Mumbai on August1,2008. He was popularly known as 'Kaka'.
let's learn few synonyms
Dolt - Stupid, fool, idiot, blockhead
Dire- terrible, awful, horrible, miserable
Elegant- refined, graceful
inculpate- blame
Demise- death, decease

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