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Financial Terms

Nominee

This individual is authorized to act on behalf of the investor in case of any unforeseeable circumstances such as death or incapacitation.

A Nominee refers to an individual entrusted with the task of protecting the securities held by an investor. In case of any unfortunate events such as death or inability to act, this person is authorized to act on behalf of the investor. This role is crucial in ensuring that the investments are not left unattended and vulnerable. It is important to carefully choose a trustworthy and reliable nominee for one's investments.

Hedgers

These contracts involve buying or selling an asset at a predetermined price on a future date. Futures contracts are a commonly used tool in the financial world, particularly...

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Dividend Yield

One important financial ratio to understand is the dividend yield, which shows the annual dividend per share divided by the stock price. It is typically expressed as a perce...

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Foreign Inward Remittance Certificate

It is issued by banks authorized by the Reserve Bank of India. In the world of international finance, one important document that holds significant value is the Foreign Inw...

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Currency Peg

This policy, known as a fixed exchange rate system, links the value of a country's currency to that of another currency. It is typically implemented by a government to stabi...

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