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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.

Disinvestment

One important term to know in the world of finance is disinvestment, which refers to the sale of a government's shares in a public sector undertaking. This process has signi...

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H-Shares

H-Shares refer to shares of companies from mainland China that have been listed on the Hong Kong Stock Exchange. This is part of the Chinese government's efforts to open up ...

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Balance of Payment

International transactions refer to the exchange of goods, services, and gold between countries. These transactions are recorded and analyzed to determine the economic perfo...

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Authority Bond

These bonds are considered low-risk investments because they are backed by the issuing authority's ability to generate revenue or tax income. They typically have longer maturi...

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