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WHAT IS MEANT BY HEDGING?

Monday, 28 September 2009 10:16 Raghwendra Nath Pandey
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The dictionary of banking and finance defines a hedge as a protection against a possible loss by taking an action which is an opposite of an action taken earlier (i.e.) protecting oneself against possible loss by buying investments at a fixed price for delivery later.

 

WHAT IS LEASING?

Monday, 28 September 2009 10:15 Raghwendra Nath Pandey
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A Lease is a contract between lessor and lessee for the use of a specific asset for a pre-determined fixed term by the lessee on payment of consideration called rentals.

The lessor retains the ownership of the asset and the lessee has possession and use of the asset over a specified period

 

WHAT ARE THE PROBLEMS NORMALLY ASSOCIATED IN SETTLEMENT WITH PHYSICAL FORM OF SHARES?

Monday, 28 September 2009 10:12 Raghwendra Nath Pandey
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1. Tearing or mutilation of scripts.
2. Bad delivery.
3. Forgery certificates.
4. Loss of certificates.
Inordinate delay at every point.
 

WHAT IS DEMATERIALISATION OF SHARES?

Monday, 28 September 2009 10:14 Raghwendra Nath Pandey
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Dematerialisation is a process by which an investor can get physical certificates converted into electronic balances maintained in --his--- account with the depository participant.

 

NATIONAL SECURITIES DEPOSITORY LTD (NSDL)

Monday, 28 September 2009 10:10 Raghwendra Nath Pandey
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NSDL is an organisation promoted by IDBI, UTI and NSE to provide electronic depository facilities for securities traded in the equity and the debt market. It commenced its operation from 31.10.96.

 

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