Composite issues refer to corporate fundraising arrangements in which a company offers a mixture of newly issued shares and existing shares for sale to investors in a single...
Units of ownership of a public corporation. Holders of common stock typically have voting rights and receive dividends, but there is no guarantee of dividend payment.
A company incorporated under the provisions of the Companies Act, 1956 and registered with SEBI under the SEBI (Collective Investment Schemes) Regulations, 1999, whose object is to organise,...
Agreed upon adjustments in the number of shares offered in a stock-for-stock exchange to account for fluctuations in stock prices prior to the completion of the deal.
A generic term for a security backed by real estate mortgages. CMO payment obligations are covered by interest and /or principal payments from a pool of mortgages. In...
A tender offer that exerts pressure on target shareholders to tender early. This pressure may come in the form of preferential compensation for early tendering shareholders. Changes in...
A close-ended fund is a collective investment vehicle that issues a fixed number of shares at launch and subsequently lists them for trading on a recognised stock exchange....
An arrangement to settle all contracted but not yet due obligations to and claims on a counterparty by one single payment, immediately upon the occurrence of one of...
In finance and investment practice, closing out refers to the act of terminating an open position in a financial instrument. This may involve selling a long position, buying...
A member of a clearing corporation or clearing house of the derivatives exchange or derivatives segment of an exchange, who may clear and settle transactions in securities.
A Clearing House is a financial intermediary or institution that facilitates the clearing and settlement of transactions in financial markets, ensuring that trades between buyers and sellers are...
A circuit breaker is an automatically operated electrical switching device designed to protect an electrical circuit from damage caused by excess current, overloads, or short circuits. Its primary...
