Parent Company
Parent Company A parent company is a company that owns or controls one or more subsidiary companies. The parent company is typically the ultimate owner of the subsidiary companies, and is responsible for their overall management and financial well-being. Key Characteristics of a Parent Company: Control: Parent companies have the ability to control the operations […]
Income Tax
Definition: Income tax is a mandatory payment levied on individuals and corporations by a government as a source of revenue. It is typically calculated based on a taxpayer’s income, salary, or business profits. Types of Income Tax: Progressive tax: A tax system in which higher incomes are taxed at a higher rate. Regressive tax: A […]
Investment Advisory Representative (Iar)
Investment Advisory Representative (IAR) An investment advisory representative (IAR) is a licensed financial professional who provides personalized investment advice to clients. They are responsible for creating and managing investment portfolios, assessing risk tolerance, and recommending investment strategies. Key Responsibilities: Conducting client meetings: Meet with clients to understand their financial goals, risk tolerance, and time horizon. […]
Green Levy
The Green Levy was a tax imposed in South Africa in 1994 as part of the government’s environmental policies. It was aimed at reducing pollution from industry and encouraging environmental awareness. Key Features of the Green Levy: Taxable Items: Included cigarettes, fuels, and certain industrial processes. Rates: Varying based on the type of taxable item […]
Accounting Cycle
Accounting Cycle The accounting cycle is a series of steps that accountants follow to ensure that financial records are accurate, complete, and up-to-date. It is a continuous process that consists of several key stages. 1. Planning:– Setting accounting goals and objectives- Determining the accounting software to be used- Establishing procedures and controls 2. Recording:– Capturing […]
Augmented Reality
Augmented Reality (AR) is a technology that overlays digital information onto the physical world, enhancing the user’s senses and interaction with the environment. Key Concepts: Augmented: Adds digital content to the real world. Reality: Simulates the real world. Immersion: Involves a high degree of immersion in the augmented environment. Types of AR: See-through: Superimposes virtual […]
Holdings
Holdings refers to the assets or investments that a company or individual owns at a particular point in time. These assets can include stocks, bonds, real estate, commodities, and other securities. Key Components of Holdings: 1. Security Holdings:– List of securities owned, including stocks, bonds, and derivatives.- Quantity of each security held.- Cost basis per […]
Trading Plan
Trading Plan Template I. Market Analysis Technical analysis: Analyze charts and indicators to identify support and resistance levels, trend direction, and potential entry and exit points. Fundamental analysis: Evaluate company financials, industry conditions, and economic factors that may impact the asset you are trading. News and events: Monitor market news and events that could affect […]
Hdfc,Housing Development Finance Corporation
HDFC Housing Development Finance Corporation (HDFC) The Housing Development Finance Corporation (HDFC) is a leading mortgage lender in India, offering a wide range of housing loan products for both individuals and commercial purposes. Established in 1948, it is a fully owned subsidiary of the Housing Development Finance Corporation Limited (HDFC Ltd.). Key Highlights: Market Leader: […]
Assignor
Definition: An assignor is a party who transfers ownership or a right to a property or asset to another party, known as the assignee. Key Points: Transfer of Ownership or Right: An assignor transfers ownership or a right to a property or asset to an assignee. Assignment: The act of transferring ownership or a right […]
JOIN THE WAITLIST
Add your details and start your
journey toward a better future with Pocketful in your investing career.