Capital Guarantee Fund.

A capital guarantee fund is a type of investment fund which promises to return investors’ original capital, plus a minimum rate of return, regardless of the performance of the underlying assets. The fund typically invests in a portfolio of assets which are designed to provide a level of protection against market volatility, such as bonds … Read more

What Is X-Efficiency?

X-efficiency is a term used in economics to describe the efficiency with which a firm or individual produces goods or services. X-efficiency occurs when a firm or individual produces the maximum possible output from a given input, or when a firm or individual is able to produce a given output using the minimum possible input. … Read more