Glossary

Floating Interest Rate

According to Bulgarian legislation, a floating interest rate is composed of two components: a reference interest rate (RIR) and a fixed margin.

Fraud

An act in which a person intentionally deceives another through lies, misleading information, or concealment of material facts with the aim of obtaining money, property, or other personal gain. The perpetrator uses false statements or hides important information to induce the victim to take an action they would not otherwise have taken.

Fundamental Analysis

A primary tool for assessing the potential of a given asset, which involves examining financial statements, forecasting revenue and expense growth, and analysing industry trends and economic conditions. It is often used to make investment decisions by evaluating the intrinsic value of the asset. Fundamental analysis is frequently combined with technical analysis, which studies historical price movements and trading volumes to forecast short-term price trends.