|Glossary of terms used on this site|
|Book building process||
A process undertaken by which a demand for the securities proposed to be issued by a corporate body is elicited and built up and the price for such securities is assessed for the determination of the quantum of such securities to be issued by means of a notice, circular, advertisement, document or information memoranda or offer document.
The periodic closure of the Register of Members and Transfer Books of the company, to take a record of the shareholders to determine their entitlement to dividends or to bonus or right shares or any other rights pertaining to shares.
The net amount shown in the books or in the accounts for any asset, liability or owners’ equity item. In the case of a fixed asset, it is equal to the cost or revalued amount of the asset less accumulated depreciation. Also called carrying value. The book value of a firm is its total net assets, i.e. the excess of total assets over total liabilities.
A condition of the market denoting increased activity with rising prices and higher volume of business resulting from greater demand of securities. It is a state where enlarged business, both investment and speculative, has been taking place for a sufficiently reasonable period of time.
|Breadth of the Market||
The number of securities listed on the market in which there is regular trading.
A rapid and sharp decline in a security or index.
A member of a Stock Exchange who acts as an agent for clients and buys and sells shares on their behalf in the market. Though strictly a stock broker is an agent, yet for the performance of his part of the contract both in the market and with the client, he is deemed as a principal, a peculiar position of dual responsibility.
Any person, other than a bank engaged in the business of buying or selling securities on its own behalf or for others.
Commission payable to the stockbroker for arranging sale or purchase of securities. Scale of brokerage is officially fixed by the Stock Exchange. Brokerage scales fixed in India are the maximum chargeable commission.
A speculative sharp rise in share prices which like the bubble is expected to suddenly burst.
A market player who believes prices will rise and would, therefore, purchase a financial instrument with a view to selling it at a higher price.
A rising market with abundance of buyers and relatively few sellers.
A day on which the Stock Exchange is open for business and trading in securities.
The repurchase by a company of its own stock or bonds.