Surcharge
Definition: A surcharge is an additional fee or charge imposed on top of the regular price or fee for a product or service. It is typically levied to cover additional costs or expenses associated with the product or service, such as taxes, fees, or processing costs. Examples: Airport surcharge: An extra fee charged at airports […]
Insurance Coverage
Insurance Coverage Insurance coverage is a contractual agreement between an insurer and an insured that provides financial protection against potential losses or liabilities. It involves the payment of premiums in exchange for the promise of compensation in the event of a covered loss. Types of Insurance: Auto insurance: Covers damages to vehicles, liability for accidents, […]
Authorized Participant
An authorized participant is a person who has been granted permission to engage in a particular activity or process. It is a term used in various contexts, including: 1. Clinical Trials: In clinical trials, an authorized participant is a person who meets the eligibility criteria and has consented to participate in the study. They may […]
Conveyance
Conveyance Conveyance refers to the process of transferring ownership or possession of property from one party to another. It involves the following key elements: 1. Transferor: The party who owns the property and is transferring it to another. 2. Transferee: The party who receives ownership or possession of the property. 3. Property: The tangible asset […]
Tax Arbitrage
Tax arbitrage Tax arbitrage is a strategy that involves exploiting differences in tax rates across various jurisdictions to minimize or eliminate taxes. It involves shifting the residency or business operations to jurisdictions with lower tax rates, thereby reducing the overall tax burden. Types of Tax Arbitrage: Individual Tax Arbitrage: Moving residences to jurisdictions with lower […]
Futures Equivalent
Futures Equivalent The futures equivalent is a theoretical asset that has the same value and payoff structure as a particular futures contract. It is calculated by taking the current spot price of the underlying asset and adding the implied cost of carry for the contract. Formula for Futures Equivalent: Futures Equivalent = Spot Price + […]
World Bank
The World Bank is an international organization that provides financial and technical assistance to low- and middle-income countries around the world. Founded in 1944, it is the largest international lender of money and plays a key role in developing sustainable solutions for developing countries. Here are some of the key things you need to know […]
Boilerplate
Definition: Boilerplate refers to common phrases, clauses, or sentences that are often reused in various contexts. These phrases are typically used in formal documents, legal contracts, or software code. Examples: Formal Documents: “The above-named parties hereby agree to…””In consideration for…โ”The terms and conditions of this agreement…โ Legal Contracts: “The XYZ Company and ABC Corporation…โ”Effective as […]
Inventory
Definition: Inventory is a list of goods or products that are on hand at a particular point in time. It is a vital part of a company’s operations, as it affects its ability to meet customer demand, manage costs, and maintain profitability. Key Components of Inventory: Items: Products or goods in stock. Quantity: The number […]
Feeder Fund
Definition: A feeder fund is an investment fund that invests primarily in another fund, known as the master fund or seed fund. Feeder funds are often used to gain access to the strategies and performance of the master fund. Types of Feeder Funds: Direct feeder funds: Invest directly in the master fund. Indirect feeder funds: […]
Pocketful is an advanced trading platform that empowers traders with cutting-edge technology. We provide innovative tools and resources to make trading more accessible and practical.
Quick Links
- Open an Account
- Pocketful Web
- Pocketful App
- Investment Tool
- Trading Tool
- Support Portal
- Referral Program
Pages
- Calculators
- Blogs
- Stocks Pages
- IPOs
- Government Schemes
- Index Heat Map
- Stock Screener
Products
- Stocks
- Commodity
- Options
- Currency
- Futures
- ETF
- Mutual Funds
Company
- About Us
- Contact Us
- Terms & Conditions
- Policies & Procedures
- Privacy Policy
- Disclosure
- Press & Media
Quick Links
- Open an Account
- Pocketful Web
- Pocketful App
- Investment Tool
- Trading Tool
- Support Portal
- Referral Program
Pages
- Calculators
- Blogs
- Stocks Pages
- IPOs
- Government Schemes
- Index Heat Map
- Stock Screener
Products
- Stocks
- Commodity
- Options
- Currency
- Futures
- ETF
- Mutual Funds
Company
- About Us
- Contact Us
- Terms & Conditions
- Policies & Procedures
- Privacy Policy
- Disclosure
- Press & Media
JOIN THE WAITLIST
Add your details and start your
journey toward a better future with Pocketful in your investing career.