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1586 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 2 terms

Entitlement ratio

Market basics

In a tender-route buyback, the number of shares a holder may tender for every so many held on the record date, stated separately for the reserved small-shareholder category and for everybody else.

In plain terms

It is not the acceptance ratio. The entitlement is what you are allowed to offer; the acceptance ratio is what is actually bought once every tender is counted. You may tender beyond your entitlement, but the excess is considered only after entitled tenders in your category have been dealt with.

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Share swap ratio

Fundamental analysis
Also called: Share entitlement ratio

The ratio at which shares of one company are exchanged for another in a merger or demerger.

In plain terms

Tells you how many new shares you receive. The price adjustment on the record date is arithmetic, not a loss.

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Indian stock market glossary · Market Vidyalaya