Hey Sanjay, we got it together...
anyways here's the term
Yield spread
The difference between yields on different types of bonds reflecting factors such as creditworthiness and supply and demand.
Rushikesh
(Chartered Accountant - Manager Finance)
(2375 Points)
Replied 12 September 2008
Hey Sanjay, we got it together...
anyways here's the term
The difference between yields on different types of bonds reflecting factors such as creditworthiness and supply and demand.
CA Annie
(Chartered Accountant )
(747 Points)
Replied 12 September 2008
Disclaimer seen in market letters, security research reports, or other printed matter having to do with evaluating investments, which purports to absolve the writer from responsibility for the accuracy of information obtained from usually reliable sources.
Bhavadharani
(Final student)
(168 Points)
Replied 17 September 2008
E&OE
It is a British acronym that stands for "Errors and Omissions Excepted". E&OE is a legal disclaimer that notifies the reader that, without prejudice, that the content and/or validity of the subject data may change without notice
Ageing Schedule
The total debtor figure is broken down to show how long invoices have been outstanding (remained unpaid).
Bhavadharani
(Final student)
(168 Points)
Replied 02 June 2009
High low method:
Cost accounting technique that uses the highest and the lowest total cost as a basis fro estimating fixed and a variable cost in a mixed cost
Individual retirement account (IRA). Individual retirement accounts are one of two types of individual retirement arrangements (IRAs) that provide tax advantages as you save for retirement. The other is an individual retirement annuity.
Both have the same annual contribution limits, catch-up provisions if you're 50 or older, and withdrawal requirements. In addition, both are available in three varieties: traditional deductible, traditional nondeductible, and Roth.
The primary difference between the two is in the investments you make with your contributions.
You open an individual retirement account with a financial services firm, such as a bank, brokerage firm, or investment company, as custodian. The accounts are self-directed, which means you can choose among the investments available through your custodian.
In common practice, however, perhaps because more people have individual retirement accounts, the acronym IRA tends to be used to refer to an account rather than annuity or arrangement
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 02 June 2009
Intercorporate Deposit :
A short-term deposit made by one company with another. The period usually does not exceed six months, and it could be as short as one or a few days. These deposits are essentially '‘brokered Deposits'’ given the extensive involvement of brokers. The interest rate is influenced by market forces and is, generally, significantly higher than the banks’ lending rate of WORKING CAPITAL.
Bhavadharani
(Final student)
(168 Points)
Replied 02 June 2009
Head Hunter:
Executive recruitment agency that tracks qualified and well equiped personnel for a specific job requirement, usually at the top management level.
CA Madhumita Binani
(Executive Accounts (SERVICE))
(389 Points)
Replied 02 June 2009
Hot Money:
This refers to large amount of short-term funds held internationally by banks, institutions and wealthy individuals which quickly move out of or into a country, usually, in anticipation of exchange rate movements or interest rate changes. Hot Money is, therefore, an unstable source of funds.
Bhavadharani
(Final student)
(168 Points)
Replied 02 June 2009
Interest rate parity theory:
As per this concept the interest rate disparity in two countries is offset by the change in the exchange rate of the two currencies