What are bonds?
Bond is a debt security in which the holder is paid interest at regular interval till maturity and the principal amount at the same date. You can think it as an IOU (I Owe You) given by the issuer to the lender.
What will be the effect on issue of right shares? Why it is not issued in market directly? Will the shareholders be at any profit/loss? Let us move by defining it and the case onwards.
What is right issue of shares?
Right shares are simply the shares issued to the existing shareholders of the company at a discounted price by the company. It is called so because the existing shareholders have the “right” to buy it, sell it or ignore it. For e.g. – Say the market price of share is Rs. 1500, then the company will offer right shares at less than Rs. 1500 say Rs. 1000. Read More »
Arbitration in Forex
What are Mutual Funds?
Mutual funds are nothing but units of investment, like of shares or debentures, issued by a Mutual fund company. They are professionally managed collective investment vehicle which pools investments to purchase securities. An investor can purchase units of Mutual fund instead of directly investing in stock market and get proportional return in the form of dividend. Read More »
What is XBRL?
Standard definition – XBRL stands for eXtensible Business Reporting Language. It is a language for the electronic communication of business information, providing major benefits in the preparation, analysis and communication of business information. It offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using business information.
Explanation 1 – What a company has in a non-XBRL world is a bunch of pdf files, excel and html files with it. And combining those we get monolithic information… (Means hard to analyze). Every company is filing in its own format. It will take much time to analyze those information. In XBRL world, each piece of information is assigned a particular (taxonomy) so that every company’s financial statement can look alike so it can be analyzed and can be even passed on to other company very easily. Globally it is very beneficial. Read More »