Marketplaces setup to carry out financial activities are known as Financial Markets. A Financial Market is any marketplace where buyers and sellers get together to participate in trading of financial assets such as shares, bonds, currencies and other financial instruments. Financial markets are characterized by transparent pricing, regulation on trading,Read More →
Financial Services may be simply defined as services offered by financial and banking institutions like loan, insurance, etc. Financial Services are concerned with the design and delivery of financial instruments and advisory services to individuals and businesses within the area of banking and related institutions, personal financial planning, investment, realRead More →
Share Certificate Definition – A Share Certificate is a registered evidence of title to the shares issued by a company under its common seal, duly stamped and signed by one or more directors or by the company secretary as per the Articles. ♦ It is an acknowledgment of the sharesRead More →
Promissory Note and Bill of Exchange A Promissory note and Bill of Exchange are two negotiable instruments recognised under the Negotiable Instruments Act, 1881. According to section 4 of the Indian contract Act “A promissory note is an instrument in writing ( not being a bank note or a currencyRead More →
Corporate Restructuring Corporate Restructuring implies activities related to – ♦ Expansion/contraction of a firm’s operations or ♦ Changes in its Assets or Financial or Ownership structure ♦ Changes in Corporate control Forms of Corporate Restructuring The most common forms of corporate restructuring are mergers/amalgamations, acquisitions/take overs, financial restructuring, divestitures/demergers andRead More →
Non Banking Financial Company (NBFC) A Non Banking Financial Company is a financial institution that does not have a full banking license and facilitates bank related financial services. It means – (a) A financial institution that is a company (b) A Non-banking institution that is a company whose principal businessRead More →
Financial Planning Financial management helps to determine the financial requirement of the business concern and leads to financial planning. Financing Planning plays a major role in the areas of financial management such as capitalization, financial structure, leverage and forecasting. It includes the following important parts – (a) Estimating theRead More →