Tools
Glossary
Cyber and money terms, explained in simple words.
A
- APK file Cyber
- The installation file for an Android app. APKs received on chat, not from the official store, are a common way to deliver malware.
C
- Credit score Money
- A three-digit number from a credit bureau summarising your repayment history. Higher generally helps loan approvals.
D
- Deepfake Cyber
- A video, image or voice made or altered by AI to look and sound like a real person. Verify through a second channel before acting.
E
- EMI (Equated Monthly Instalment) Money
- The fixed amount you repay every month on a loan, covering both principal and interest.
I
- Inflation Money
- The general rise in prices over time, which reduces what each rupee can buy.
K
- KYC (Know Your Customer) Money
- The identity-verification process financial institutions follow. Genuine KYC is done at a branch or inside an official app, never through a link sent by SMS.
M
- Malware Cyber
- Harmful software, such as viruses or spyware, designed to damage a device or steal information.
O
- OTP (One-Time Password) Cyber
- A short code valid for one use, sent to confirm that you are the person making a transaction. Never share it with anyone.
P
- Phishing Cyber
- A message or website that pretends to be a trusted organisation to trick you into sharing passwords, OTPs or card details.
R
- Ransomware Cyber
- Malware that locks your files and demands payment to unlock them. Regular offline backups are the best protection.
S
- SIM swap Cyber
- A fraud in which criminals get a duplicate SIM for your number so that bank OTPs reach them instead of you.
- SIP (Systematic Investment Plan) Money
- A method of investing a fixed amount at regular intervals, often into a mutual fund. It builds the habit but does not remove market risk.
T
- TDS (Tax Deducted at Source) Money
- Tax that the payer deducts before paying you, such as an employer deducting tax from salary.
- Two-factor authentication Cyber
- A second proof of identity, such as a code or fingerprint, required in addition to your password.
U
- UPI (Unified Payments Interface) Money
- India's instant bank-to-bank payment system. Your UPI PIN is needed only to send money.