Menu

Glossary of terms used on this site

  Glossary of terms used on this site
Search for glossary terms (regular expression allowed)
Begin with Contains Exact termSounds like

Glossaries

Term Definition
Pari Passu

A term used to describe new issue of securities which have same rights as similar issues already in existence.

Pay In/Pay Out

The days on which the members of a Stock Exchange pay or receive the amounts due to them are called pay in or pay out days respectively.

Position limit

The maximum number of listed option contracts on a single security which can be held by an investor or group of investors acting jointly.

Price Band

The range within which the price of a security or the index of a currency is permitted to move within a given period.

Price discovery

A general term for the process by which financial markets attain an equilibrium price, especially in the primary market. Usually refers to the incorporation of information into the price.

Price sensitive information

Any information which relates directly or indirectly to a company and which if published is likely to materially affect the price of securities of the company.

Prospectus

Any document described or issued as a prospectus and includes any notice, circular, advertisement or other document inviting deposits from the public or inviting offers from the public for the subscription or purchase of any shares in, or debentures of, a body corporate.

Proxy

One who votes for and on behalf of a shareholder at a company meeting.

Partner with Us

If you are an Educational Institution and want us to schedule a seminar on "How to Build a Career in Securities Markets" at your campus or deliver NISM Certification Examinations at your doorstep,

Click Here to Know More..

Go to top