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
Capital Commitment
Future capital payments that a firm has pledged to pay out on long-term assets over a particular time period. This also talks about the securities ...
Overwithholding
A term which refers to an excess amount of tax being withheld for an employee. It will be sent back as a refund to the taxpayer after he or she fil ...
Diluted Earnings Per Share - Diluted EPS
It is the measure of a company’s profits.
Covenant
Promise a firm made to an indenture or other formal debt agreement, stating some activities will or won’t be carried out. In finance, it freq ...
Gross Spread
Difference between the security price paid by the underwriter and the actual price charged to the public. The spread compensates the underwriters o ...
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