Finance glossary
Every term that trips people up in the NISM workbooks, explained the way a person would explain it — with a worked Indian example, the mistakes that cost marks, and where it turns up in the syllabus.
3,114 terms, each fully explained
Alternative investments246 terms
- Absolute-return Strategy
- Accelerator grant
- Accreditation agencies
- Accredited Investor
- Accredited Investors only (AI-only) Fund
- Activist Strategy
- Affirmative Rights
- Alternative Investment
AML and KYC89 terms
- Black market peso exchange
- Capital flight
- Central Bank Digital Currency
- Central KYC Registry
- CERSAI
- Client Due Diligence
- Client Identification Procedure
- Client risk categorisation
Clearing and settlement95 terms
All 95 clearing and settlement terms →Commodities70 terms
- AGRIDEX
- Average Daily Trading Volume
- Backwardation
- Barter system
- Brent
- BULLDEX
- Commodity
- Commodity price risk
Compliance and audit80 terms
- Accounting mismatch
- Annual Impact Report
- Audit trail
- Capital adequacy
- Cash Flow Hedging Reserve
- Code of Fair Disclosure
- Co-mingling
- Compliance
Corporate actions30 terms
- Adjustment factor
- Annual General Meeting
- Auto Corporate Action
- Bonus shares
- Book closure
- Buyback
- Cash corporate action
- Compulsory delisting
Currency and forex37 terms
- Base and quoting currency
- Base currency
- Bid price
- Bretton Woods System
- Calendar spread trading
- Card rate
- Carry trade
- Cash and tom
Depository and custody107 terms
- Aggregate Escrow Demat Account
- Agreement number
- Annual Maintenance Charges
- Authorised Dealer Category-1 bank
- Basic Services Demat Account
- Beneficial owner
- Beneficial owner account
- Book entry
Derivatives160 terms
- American option
- Arbitrage
- Arbitrager
- Assignment
- Assignment margin
- Asymmetric payoff
- Asymmetric risk exposure
- At-the-money
Economics36 terms
- Bank Rate
- Business cycle
- Contractionary policy
- Cost-push inflation
- CPI
- CRR
- Current account deficit
- Demand-pull inflation
Financial planning239 terms
- Action bias
- Administrator
- Advanced risk profilers
- Aggregation model
- Aggressive investors
- Agnate
- Amortisation
- Anchoring
Financial statements36 terms
- Accrual basis
- Adjusted profit after tax
- Authorised capital
- Capital work in progress
- Cash flow hedge
- Consolidated financial statement
- Contingent liability
- Core working capital
Fixed income163 terms
- Accrued interest
- All India Financial Institutions
- Amortising bonds
- AT1 bond
- Barbell strategy
- Bond Equivalent Yield
- Bond index fund
- Bond swap
Industry analysis30 terms
- ARPU
- Attractive industry
- Barriers to entry
- BCG matrix
- Bottom-up approach
- Business life cycle
- Business model
- Business sector
Insurance97 terms
- Accelerated sum insured
- Accrued bonus
- Annuity finality
- Asset protection need
- Bancassurance
- Beneficial nominee
- Cashless claim payment
- Claim settlement ratio
Investor protection90 terms
- Action Taken Report
- Additional Surveillance Measures
- Admissible claim value
- Advisory fee
- Appropriateness
- Arbitration
- Asset under advice
- Assured returns
Markets and instruments143 terms
- 5 Cs in credit
- Active order
- ADR, GDR and IDR
- Agriculture loan
- Annualised traded value
- Anti-dilution rights
- Approved user
- Asset class
Mutual funds154 terms
- Accrual principle
- Actively managed fund
- Addendum
- AMFI Registration Number
- Arbitrage fund
- Asset Management Company
- Assets under Management
- Assured returns scheme
Operations and risk management120 terms
- Additional margin
- Algorithmic trading
- Alternative Risk Management Framework
- Auto-pledge
- Back testing
- Bank mandate
- Base Minimum Capital
- Bootstrapping
Portfolio management119 terms
- Absolute return objective
- Advisory services
- Allocation effect
- Alpha-beta separation
- Average daily AUM
- Badla financing
- BB&K model
- Benchmark portfolio
Primary markets69 terms
- Anchor investor
- ASBA
- Banker to an issue
- Basis of allotment
- Bid-cum-Application form
- Bidding at the cut-off
- Book built issue
- Brokers to the issue
Ratios12 terms
- Basis point
- CLTV/CAC ratio
- Dividend Payout Ratio
- DuPont analysis
- Forward P/E
- Interest coverage ratio
- P/E ratio
- Piotroski score
Registrar and transfer agency49 terms
- Account Aggregator
- Beneficial Owner Master Register
- Change of address
- Change of bank details
- Change of name
- Cheque Truncation System
- Collecting bankers
- Consolidated Account Statement
Regulation and ethics216 terms
- Access person
- Acquirer
- Adjudicating Authority
- Adjudication proceedings
- Administration and supervision body
- Advice in publicly accessible media
- Agency risk
- AGNI
Research practice84 terms
- Active investing
- Activities
- Alternatives analysis
- Assumption
- Backwards mapping
- BACO Ratio
- Baseline
- Baseline, mid-line and end-line
Retirement and pensions99 terms
- Accumulated pension wealth
- Accumulation stage
- Active Choice
- All Citizen Model
- Allocation including the retirement corpus
- Annuity
- Annuity Service Provider
- Approved superannuation fund
Risk and return150 terms
- Absolute return
- Absolute-return benchmark
- Adverse selection
- Alpha
- Alternative Beta
- Anchoring bias
- Annualised return
- Arbitrage Pricing Theory
Taxation198 terms
- Accrued interest in sale consideration
- Accumulated profits
- Accumulation of income
- Adjusted gross total income
- Adjustment of exemption limit
- Advance tax
- Allotment date
- Alternate Minimum Tax
Technical analysis26 terms
All 26 technical analysis terms →Valuation70 terms
- Adjusted book value
- Adjusted NAV
- Amortized Cost
- Book value
- Book Value approach
- Book value per share
- Break-up Value Approach
- CAPM