Unformatted text preview: ook value
It is the value at which an asset is carried on a balance sheet. The book value of a share is
obtained by dividing the equity reserves of the company by the number of shares issued. TOP CAREERS & YOU
+91-161-460-908,461-364 TCYONLINE WE COACH THE NATION Brokerage
Brokerage is the commission charged by a broker. The maximum brokerage chargeable, as
stipulated by SEBI is at present 2.5% of the trade value.
A bull market refers to a continuous phase of rising share prices. Bull markets are
characterised by optimism about the upward movement of prices in the future.
The repurchase by a company of its own stock or bonds.
Markets where the capital funds-debt and equity are traded. Included are private placement
sources of debt and equity as well as organized markets and exchanges.
Carry forward trading
The process of postponement of the payment by an investor for the purchase of securities
from one Settlement to another by paying a charge is called Carry Forward trading.
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- Spring '12