An Annuity is an investment that you make, either in a single lump sum or through installments paid over a certain number of years, in return for which you receive back a specific sum every year, every half-year or every month, either for life or for a fixed number of years.

Rank Pari Passu

The term is Latin and translates to "without partiality." For example, a secondary issue of shares that carry equal rights with existing shares are said to "rank pari passu."

REPO

 An agreement in which one party sells a security to other party and agrees to buy it back on a specified date for a specified price.

Central banks deal in short-term repos to provide liquidity to the financial system, buying securities from the banks with cash on the condition that the banks will repurchase them a few weeks later.

Thanx for participation friends, bt do follow the rules.

Vinod

DEMERGER

Demerger is the converse of a merger or acquisition. It describes a form of restructure in which shareholders or unitholders in the parent company gain direct ownership in a subsidiary (the ‘demerged entity’). Underlying ownership of the companies and/or trusts that formed part of the group does not change. The company or trust that ceases to own the entity is known as the ‘demerging entity’. If the demerged entity represents the majority of the company's operations, the resulting company is referred to as the stub.

The true spending power of wages or salary after allowing for erosion by inflation.
 

Residence in India.

an individual is said to be resident in india in any previous year , if he is  in India in that year for a period or periods amounting in all to one hundred and eighty-two days or more  or

having within the four years preceding that year been in India for a period or periods amounting in all to three hundred and sixty-five days or more, is in India for a period or periods amounting in all to sixty days or more in that year.

DUD Cheque

A Cheque which issued without sufficient cash balance in the account and which subsequently is dishonoured by the bank.

RECESSION:-

A drastic slowing of the economy. Often applys to a situation where gross national or domestic product has fallen in two consecutive quarters. A recession would be indicated by a slowing of a nation's production, rising unemployment and falling interest rates, usually following a decline in the demand for money. A popular distinction between recession and depression is: 'Recession is when your neighbour loses his job; depression is when you lose yours.'
 

risk arbitrage 

 Taking offsetting positions in the securities of an acquisition candidate and its would-be acquirer.

Initial Public Offering (IPO), also referred to simply as a "public offering", is when a company issues common stock to the public for the first time. They are often issued by smaller, younger companies seeking capital to expand, but can also be done by large privately-owned companies looking to become publicly traded.

In an IPO, the issuer may obtain the assistance of an underwriting firm, which helps it determine what type of security to issue (common or preferred), best offering price and time to bring it to market.

IPOs can be a risky investment. For the individual investor, it is tough to predict what the stock will do on its initial day of trading and in the near future since there is often little historical data with which to analyze the company. Also, most IPOs are of companies going through a transitory growth period, and they are therefore subject to additional uncertainty regarding their future value.

HIRE PURCHASE

The user (hiree) of goods pays regular instalments of interest and principal to the hire-purchase company over a period of months. Full ownership passes to the hiree at the end of the period (the hiree is able to use the goods from the ourset).

Holding Company:

As per the Sec 4 (4), " a company shall be deemed to be the holding company of another if, but only if, that other is its subsidiary."

That means that the other has to be its subsidiay company. A company will be a subsidiary of the other company if, but only if:

1.         that other controls the composition of its BOD or

2.  i)    where the first mentioned company is an existing company in respect of which the holders of preference shares issued before the commencement of this act have the same voting rights in all respects as the holders of the equity shares, exercises or controls more than half of the total voting power of such company;

     ii)    where the the first mentioned company is any other company, holds more than half in nominal value of its equity share capital; or

3.       the first mentioned company is a subsidiary of any company of any company which is that other's subsidiary.

Venture capital is a type of private equity capital typically provided by professional, outside investors to new, high-potential-growth companies in the interest of taking the company to an IPO. Venture capital investments are generally made as cash in exchange for shares in the invested company. A venture capitalist (VC) is a person who makes such investments. A venture capital fund is a pooled investment vehicle (often an LLC or LP) that primarily invests the financial capital of third-party investors in enterprises that are too risky for the standard capital markets or bankloans. Venture capital can also include managerial and technical expertise. Most venture capital comes from a group of wealthy investors, investment banks and other financial institutions that pool such investments or partnerships. This form of raising capital is popular among new companies, or ventures, with limited operating history, who cannot raise funds through a debt issue. The downside for entrepreneurs is that venture capitalists usually get a say in company decisions, in addition to a portion of the equity.

Honorarium: It is a type of remuneration paid to a visitor esp, in NGOs for delivering lectures etc.