Holds our vocabulary (set of entities) and entity specific data
Zero coupon bond
It is a bond that is sold at a fraction of its face value. There are no periodic interest payments made, but the bond value increases with time. The earnings from the bond accumulate until the maturity period, and then...
Yield to Maturity (YTM)
Yield to Maturity or YTM is the yield expected on an investment if it is held by the investor till its maturity date.
Yield
Yield is the dividend or interest that an investor gets on an investment. It is normally expressed as a percentage with respect to the current market price of the investment. Yield on a debt security = interest divided by market...
Vertical integration
The process by which a business entity acquires other entities that are above or below it in the supply chain (could be vendors or customers).
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Securities transaction tax (STT)
This is a tax levied on the value of transactions in listed equity shares, derivatives and equity mutual fund units. Whenever a security is bought or sold on a stock exchange, a tax called Security Transaction Tax (STT) is charged...