DEFINITION of 'Funding Agreement'. A low-risk, fixed-income investment. A funding agreement offers a lump sum to the seller while providing the buyer with a fixed rate of return, which is often based on the LIBOR, the most popular benchmark in the world for short-term interest rates.REAKING DOWN 'Funding Agreement'. Funding agreements don't require registration and often offer a higher rate of return than money market funds. What's more, they are often tied to put options that allow an investor to terminate the contract after a specified period of time.
Daksh is an electrically powered and remotely controlled robot used for locating, handling and destroying hazardous objects safely. Daksh speaks for the ingenuity of the R&DE(E). It is a battery-operated robot on wheels and its primary role is to recover improvised explosive devices (IEDs). It locates IEDs with an X-ray machine, picks them up with a gripper-arm and defuses them with a jet of water.
Definition of Dakin's solution. : an antiseptic solution developed during World War I for the treatment of wounds and consisting essentially of an aqueous solution containing from 0.5 percent to 0.6 percent of sodium hypochlorite with 0.4 percent of boric acid added to reduce the alkalinity.