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 12 terms
The income tax return — ITR-1 for salary alone, ITR-2 once there are capital gains from shares or funds, ITR-3 where intraday or F&O activity makes it business income.
Delivery trades produce capital gains; intraday and F&O produce business income, taxed at slab and carrying audit thresholds. A few casual intraday trades genuinely change which form you file.
The decision of an arbitral tribunal, enforceable as a decree once the grounds for challenging it are exhausted.
A change in probability, not a receipt. It can be challenged in court, a public-sector counterparty frequently will, and the money can be years behind the announcement.
A scheme holding domestic listed equity against an offsetting short position in futures, so the return comes from the gap between the two rather than from the direction of the market.
Money-market behaviour with equity classification for tax, because the test asks what is held and not what the holding is hedged with. The international equity fund is the same divergence running the other way.
A binding dispute-resolution stage reached through the online dispute resolution mechanism once conciliation has failed.
Binding, far cheaper than court, and measured in months where a civil suit is measured in years. What it runs on is the paper trail you kept.
Structuring a product so it falls outside the rules that would apply to its regulated equivalent.
Not always sinister and always worth noticing. The question is which protections you gave up in exchange for the convenience.
The gap between the traded price of an instrument whose supply is fixed and the value of what it represents, persisting because no creation-and-redemption mechanism exists to arbitrage it away.
Not the same thing as an exchange-traded fund’s premium, which a participant is paid to remove within hours. With nobody being paid to close it, it can stand for years — and where the instrument redeems on a stated date at a formula value, it ends on that date regardless.
An oil marketing company’s margin per litre at the pump, after taxes and dealer commission.
Swings with crude because pump prices are often held steady — shrinking when crude rises, widening when it falls.
Online Dispute Resolution — the online route for conciliation and then arbitration of an investor's dispute with a market intermediary.
The stage after SCORES and before the courts. Binding, far cheaper than litigation, and it exists precisely because a civil suit is not a realistic remedy for a ₹40,000 dispute.
The no-arbitrage link between a call, a put, the share and the strike: C + PV(K) = P + S.
If one side gets cheaper, traders buy it and sell the other until the gap closes. Dividends and costs explain most apparent breaks.
The claim that prices already reflect available information, so no repeatable pattern in past prices can be exploited.
The strongest objection to technical analysis, and it holds in part: simple published systems do decay once everyone can see them. What does not get arbitraged away is the discipline to follow a rule consistently.
A chart type that plots columns of rising and falling boxes, ignoring time entirely and recording only price moves larger than a chosen box size.
Clean very-long-term structure and unambiguous breakouts, at the cost of the same box-size arbitrariness as Renko. Little used now.
A plot of a stock's price divided by an index's price, rebased to 100 at the start of the measurement period.
The direction is the entire signal; the level is arbitrary because it depends on when you started.