Glossary

Can rise from buybacks alone. Always check net profit rose too.

Taking the withdrawal benefit at each job change resets the count. Five changes in thirty years can end with no pension entitlement at all.

The version to use, because headlines quote the other one. A wide gap to basic EPS means a large claim on your ownership exists and has simply not been triggered yet.

The reason checklists exist. What gets missed is never the thing you did not know — it is the thing you know perfectly well and are too excited to check.

The mechanism behind the expiry-week calendar. Positions are unwound because holding them got expensive on a fixed schedule, not because anyone changed their mind about the company — which is why so many of those moves reverse in the new series.

The failure mode that erases many winners: you lose on both legs at once, and the short leg's loss is theoretically unbounded.

Applied where no fixed daily band exists. A fast move can pause at the edge — the market did not run out of buyers, it ran out of permission.

It costs more interest over the life of the loan and preserves the word "closed" at the end of it. Far easier to arrange while the account is still standard.

The most misleading number on an Indian statement. Paying it starts interest on the whole balance and ends the grace period on new spending.

Everybody studies barriers to entry. Barriers to exit decide how deep a downturn gets and how many years it lasts, because loss-making capacity keeps running while it covers its cash costs.

The open is fixed and the extremes only widen, but the close keeps moving — so the body can flip colour and a wick can vanish entirely before the bell. Every candlestick pattern is defined on closed candles.

The money still leaves the bank; it simply does not appear in the finance cost line. When the asset is ready capitalisation stops, the finance cost steps up with no new borrowing, and the amount already capitalised returns as depreciation rather than interest.

The most informative disclosure a loss-making platform makes. Total user growth can hide complete failure underneath, because fresh acquisition keeps replacing churn.

Why a level keeps refilling with the same quantity. Each refreshed slice joins the back of the queue, so concealment is paid for in priority.

“As much as possible” is the absence of a goal, and it guarantees the target keeps moving.

Members-only is not a formality — it is exactly what keeps the entity outside banking supervision. No banking licence, no prudential inspection, no deposit insurance.

Offshore for regulatory purposes while sitting in Gujarat, which is how a dollar-denominated contract on India’s benchmark index can trade around the clock when the domestic market cannot. It keeps its own holiday calendar, so it sometimes trades when the Nifty does not.

Loosening a stop because a position is going against you is not risk management with extra steps — it is the end of risk management.

Keeps working in a falling market, where the winner is simply whatever falls least.

The brick size is the whole chart. A ₹5 brick and a ₹20 brick on the same stock produce opposite signals, and adjusting it until the chart agrees with you is curve-fitting with extra steps.

Booking something at 2R satisfies the part of you that wants certainty; trailing the rest keeps you in the occasional trade that pays for a quarter. Neither impulse gets to override the plan.

The terms are published, the timeline is fixed and the outcome is largely arithmetic. They persist because they are boring, small and time-limited, which keeps large funds away.

The alternative to an annuity: keeps the capital, keeps growth, keeps flexibility — and exposes you to the order in which returns arrive.

The level keeps moving, because expenses rise to meet income. Someone who could not spare ₹1,000 at ₹40,000 often cannot spare ₹10,000 at ₹1.5 lakh.

The disclosure that turns one balance into a story. Bargaining power keeps almost everything inside a year; a filling one-to-two-year bucket suggests the terms were taken rather than agreed.

Cap the bad print instead of dropping the bar. The row stays, so every rolling window keeps its length and every date still lines up.