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02 May, 2026
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It is a provision of some institutional sell orders requiring that only cash will be accepted as payment for delivery upon settlement.

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POPULAR TERMS

Proved Reserves
It refers to the amount of resources that can be recovered from the deposit with a reasonable certainty level.
Cumulative Discount Privilege
In mutual fund, a way an investor can become eligible for lower fees by getting the sum of multiple transactions in several funds within the same f ...
Commercial Hedger
Companies purchasing futures positions in commodities to control its costs. When used in creating a product or service, corporations can hedge to r ...
Hurdle Rate
The minimum rate of return required by a manager on a project. The riskier the project, the higher the hurdle rate.
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Sensex is the abbreviation for the index of the Bombay Stock Exchange (BSE) that is the Bombay Sensitive Index. In 1986, the Sensex was initially c ...
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Financial Literacy
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Taxation in Finance
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Introducing the Federal Tax Brackets
The first federal income tax statute stemmed from enacting the Revenue Act of 1861, which was passed by the Union government to help fund expenses related to Civil War. Then the second revenue was passed in 1862, which introduced two tax brackets: 3% for annual incomes ranging from $600 to $10,000, and 5% on incomes $10,000 and above.
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ECONOMIC CALENDAR

Time Country Indices Period
12:00
CBI retail sales volume balance Apr
01:01
BRC Shop Price Index Apr
01:30
Unemployment Rate Mar
05:04
BoJ MPC Interest Rate Announcement Apr
05:04
Monetary Policy Meeting Minutes
05:04
BOJ Outlook Report
07:00
BOJ Core CPI Mar
08:30
Bank of Japan Press Conference
09:00
Unemployment Rate 1 quarter
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