stock market

Formal financial statements, the Auditors’ Report, together with the Directors’ Report issued by a company. These financial statements are usually prepared at the close of the company’s financial year. Arbitrage stock market schools The simultaneous purchase and sale of the same security on different exchanges at prices which yield a profit. market schools An investor who anticipates for a decline in . Bear Market A market in which prices are declining in . A serious decline is called a depression. A short decline in a rising market is looked upon as a technical correction. Bid and Ask The bid is the highest price any one has offered to pay for a security at a given time; the asked is the lowest price any one has offered to accept for a security at a given time. Blue Chip A large well-established company with a history of profitable . Book Closing The closure of books by a company to determine the shareholders’ rights to receive bonus, dividend, rights, etc. No transfers are recorded during this period. Boom Denotes greater activity on the exchange Bull An investor who anticipates for a rise in . Bull Market A market in which stock prices are rising in . If the market is recovering from a deep decline, the early stage of the uptrend is called an up reversal, turnaround, rally or recovery. Capital Gain/ Loss Profit or loss arising from the sale of securities. Capital Gain tax Tax payable on profit arising from appreciation in value of investment, realized at the time of selling or maturity of investment. Clearing Settlement or clearance of dues accounts in. Securities or other properties pledged by a borrower to secure the repayment of a loan.t of a loan. Szombathely, Hungary