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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 1 term

Fair market value on 31 January 2018

Regulation & tax

For anything listed on 31 January 2018, the highest price quoted on a recognised stock exchange that day — or on the last preceding day it traded; the net asset value of that date is used only for a unit that was not then listed.

In plain terms

Published historical data that will never change again, and worth writing down once for every holding older than February 2018. It is a ceiling on the substituted cost, not an alternative purchase price you may use in either direction.

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Indian stock market glossary · Market Vidyalaya