Trading Terms

Compound duty

When discussing duties related to finance, it's important to understand the difference between specific and ad valorem rates. A specific rate of duty is determined by factors like weight or quantity, while an ad valorem rate is based on the value of the goods. These two types of duties are often combined to create a more comprehensive rate for taxation. Understanding this concept is crucial for anyone working in the finance industry.

Related terms

Open Trades

Understand the meaning and definition of Open Trades in the context of stock market, trading, and investments.

MORE
Funds Available

Understand the meaning and definition of Funds Available in the context of stock market, trading, and investments.

MORE
Limit Up, Limit Down

Understand the meaning and definition of Limit Up, Limit Down in the context of stock market, trading, and investments.

MORE
Settlement

Understand the meaning and definition of Settlement in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers