CAL
In Calcutta, India there is a securities market called Calcutta Stock Exchange (CAL) .CL. This is the second oldest exchange in the country that was established in 1908 and its first name was Calcutta Stock Exchange Association with the exchange of securities in the East India Company. During this time, it had 150 members. Then the association became a restricted liability concern in 1923. Almost 6 decades after, India's government acknowledge the exchange as one of the regular trading securities market in 1980. Later in 1997, the exchange became the biggest in the country, and it changed its manual trading method with a computerized trading style called C-Star.
POPULAR TERMS
Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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