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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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Take-home pay

Market basics
Also called: In-hand salary

What actually reaches your bank account after all deductions.

In plain terms

The only figure you can spend. Plan around this and around base salary, never around CTC, which includes a bonus that may not arrive.

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Indian stock market glossary · Market Vidyalaya