Financial Terminology

Bucket Shop
A bucket shop is a derogatory term for a brokerage firm or similar financial entity known for questionable practices and typically lacking membership in established trade organizations.
Capital Gains Tax (CGT)
Capital Gains Tax (CGT) is a tax levied on the profit from the sale of assets or investments. The tax applies to the difference between the sale price and the original purchase price or basis of the asset.
Crore
A core terminological aspect of South Asian finance representing a unit in the Indian numbering system, which equals ten million (10,000,000) in the International System.
EV (Enterprise Value, Economic Value, Expected Value)
EV can stand for Enterprise Value, Economic Value, or Expected Value, each significant within their respective contexts in finance and accounting.
Hammering the Market
Hammering the market refers to intense selling of stocks by speculators who believe that prices are inflated and the market is about to drop.
Refer to Drawer
Refers to words written on a cheque that is being dishonoured by a bank, typically due to insufficient funds or other specific issues such as bankruptcy or technical errors.
Simplified Financial Statements
Simplified financial statements provide a streamlined version of annual accounts, making financial information accessible to readers who may not possess extensive financial knowledge.
When Issued
The term 'When Issued' (WI) refers to a transaction made conditionally on the basis that a security, although authorized, has not yet been issued or made available for trading.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.