What is the difference between property tax and real estate tax?

Real estate taxes are a broader category that can include property taxes…

What is the difference between overdraft and cash credit?

Both overdraft and cash credit are types of short-term loans that can…

What is the difference between a cooperative bank and a commercial bank?

Cooperative banks are owned and controlled by their members, who are also…

What is the difference between encumbrance and easement?

An encumbrance is a legal term referring to any claim or liability…

What is the difference between a wire transfer and a direct deposit?

A wire transfer is a method of electronically transferring funds from one…

What is the difference between bankers cheque and demand draft

A banker’s cheque is a special type of cheque that is issued…