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 7 terms
The self-image an investor brings to decisions, often formed long before any analysis.
Every portfolio contains beliefs about money learned before anyone was analysing anything. Naming them is what stops them deciding for you.
Know Your Customer — the identity and address verification an intermediary must complete before it can open an account for you.
The record is registered centrally and shared between intermediaries, which is why a second broker did not ask again — and why one stale record can block fresh purchases everywhere at once.
A document accepted as proof of identity or address under the anti-money-laundering rules — Aadhaar, passport, driving licence and voter ID among them.
Which one you used decides which KYC bucket you land in. Aadhaar is the one that lets the record be validated against the tax database; the others leave it merely registered, which becomes visible on the day you open an account somewhere new.
The period after earning stops, in which structure and identity have to be rebuilt.
The first six months feel like a holiday. Month seven is where the difficulty starts, and almost nobody plans for it.
A distinct tax identity, as an HUF or company holds independently of its members.
What makes an HUF a separate taxpayer rather than an accounting label.
The permanent identifier under which every employer's provident fund member identity for one employee is grouped.
It stays with you for life. A new employer filing a different name spelling or date of birth can generate a second one, and two of them have to be merged.
Everything a company owns or is owed — cash, receivables, inventory, fixed assets, goodwill and investments.
One half of an identity that always balances, because every rupee of asset was funded either by a lender or by an owner.