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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.

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Regulation & tax
Also called: SCN

A notice from a tax or regulatory authority alleging a contravention and requiring the company to explain why the proposed action should not be taken.

In plain terms

An allegation with a figure attached, not a decision. Many are dropped or heavily reduced — and some are not, which is why the stage and the history matter more than the amount.

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Indian stock market glossary · Market Vidyalaya