Skip to content
1492 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 3 terms

Market share

Fundamental analysis

A company’s revenue or volume as a proportion of its industry.

In plain terms

Growth means little without it. Growing 18% while the industry grows 22% is losing ground.

Read the full lesson →

Industry report

Fundamental analysis

A commissioned study by an independent research agency, included in an offer document, describing market size, growth, segment split and capacity across an industry.

In plain terms

Often the only free source of a denominator for market share. Take the historical counting and treat the forward projections as advocacy — the report was paid for to sell shares.

Read the full lesson →

Substitution risk

Fundamental analysis
Also called: Substitution, Substitute product

The risk that demand moves to a different product or technology that meets the same need.

In plain terms

It shows up in who wins the incremental sale, not in total market share. Share can look stable for years while the whole increment goes elsewhere.

Read the full lesson →
Indian stock market glossary · Market Vidyalaya