Skip to content
Start learning
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 1 term

Prized subscriber

Market basics

The chit member who takes the pot in a given month, after which they continue paying every remaining instalment but cannot bid again.

In plain terms

Taking the prize early is borrowing. The discount accepted is the interest, and it is never written down as a rate.

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