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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.

KRA

The KYC Registration Agency, also known as KRA, holds a comprehensive database of KYC information within the securities market. This database is regulated by the Securities ...

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Long-term Capital Gain / Loss

When discussing investments, we must understand the concept of long-term capital gain or loss. This refers to the profit or loss that occurs when a qualified investment is s...

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Escrow Account

A third party often holds temporary transactions until the parties involved finalize their agreement. This type of account is then suspended once all necessary formalities h...

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FDI

This type of investment can be beneficial for both the investing country and the receiving country. FDI can bring new technology, create jobs, and stimulate economic growth. ...

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