Market Basics & Instruments
7 terms
Capital Gain
The profit made when a capital asset is sold for more than its cost of acquisition.
Market Basics & InstrumentsCapital Loss
The loss incurred when a capital asset is sold for less than its cost of acquisition.
Market Basics & InstrumentsClosing Price
The official end-of-day price of a security, computed in India as the volume-weighted average price of trades in the last thirty minutes.
Market Basics & InstrumentsCommodity
A standardised raw material or primary product that is traded in interchangeable units, such as gold, crude oil or cotton.
Market Basics & InstrumentsContract Note
The legally binding document a broker must issue after each trading day, itemising every trade executed and every charge levied.
Market Basics & InstrumentsCurrency Pair
A quotation of one currency's value in terms of another, such as USD/INR, where the first currency is bought or sold against the second.
Market Basics & InstrumentsCyclical Stock
A share whose earnings rise and fall with the economic cycle, typically in sectors such as metals, cement, autos and construction.