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Glossary of terms used on this site

  Glossary of terms used on this site
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Glossaries

Term Definition
Face Value

The value that appears on the face of the scrip, same as nominal or par value of share/debentures.

Firm allotment

Allotment on a firm basis in public issues by an issuing company made to Indian and multilateral development financial institutions ,Indian mutual funds , foreign institutional investors including non-resident Indians and overseas corporate bodies and permanent/regular employees of the issuer company.

Float

The number of shares issued and outstanding of a company’s stock.

Floating rate coupon

Coupon rate that varies with (“floats against”) a standard market benchmark or index.

Floating Stock

The fraction of the paid up equity capital of a company which normally participates in day to day trading.

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