Indian Financial System
Across
- 3. The price fixed by the seller of a security after receiving bids in a tender offer, typically for a sale of gilt-edged securities or a new stock market issue
- 6. The level at which total sales are equal to total costs
- 7. Type of money transfer
- 9. Bank Code
- 11. A certificate that represents shares of a foreign stock owned and issued by a U.S. bank
- 12. A forex strategy developed in the late 2000s that allows investors to copy the forex trading behavior of experienced and successful forex investors from around the world
- 14. A repayment of the outstanding principal sum made at the end of a loan period, interest only having been paid hitherto
- 15. Banks no longer existing or functioning
Down
- 1. The ratio of a company's loan capital (debt) to the value of its ordinary shares (equity)
- 2. A bank certificate issued in more than one country for shares in a foreign company
- 4. The act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market
- 5. An option to buy assets at an agreed price on or before a particular date
- 8. -------
- 10. Lose or be deprived of (property or a right or privilege) as a penalty for wrongdoing
- 13. The exchange of one security for another to change the maturity (bonds), quality of issues (stocks or bonds), or because investment objectives have changed