Ownership assets
Equity, real estate and commodities, where the investor owns the asset and future cash flows are unknown — as against lending assets like bonds and fixed deposits, where receipts are agreed at the time of issue.
This one is not written up yet
The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.
Where this is taught
Free preparation for NISM Series V-B← All terms