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

Time draft (time bill)

Understand the meaning and definition of Time draft (time bill) in the context of stock market, trading, and investments.

MORE
Foreign sales agent

Understand the meaning and definition of Foreign sales agent in the context of stock market, trading, and investments.

MORE
Reversal Stop

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

MORE
Penny Stocks

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

MORE
Coincidence

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

MORE
Reaction

Understand the meaning and definition of Reaction 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