It is a process whereby the distribution from a limited partnership,or other pooled investment is automatically reinvested into common units or shares in a fund, often at a discount to the current market price. The investor does not receive quarterly dividends directly as cash; instead, the investor's dividends are directly reinvested in the underlying equity. The investor must … [Read more...]
Disgorgement(Law)
A repayment of ill-gotten gains that is imposed on wrong-doers by the courts. Disgorgement is the forced giving up of profits obtained by illegal or unethical acts. Funds that were received through illegal or unethical business transactions are disgorged, or paid back, with interest to those affected by the action. A court may order wrongdoers to pay back illegal profits, with … [Read more...]
Discretionary Beneficiary(Trust)
Discretionary beneficiaries are those named in a trust or similar document to whom distributions may be made. It is the person or persons who are entitled to the benefit of any trust arrangement. A beneficiary will normally be a natural person, but it is perfectly possible to have a company as the beneficiary of a trust, and this often happens in sophisticated commercial … [Read more...]
Who is a Direct-Access Broker?
A stockbroker that concentrates on speed and order execution - unlike a full-service broker that focuses on research and advice. Day traders could trade their markets directly via the various exchanges, but this would require a trading account with each exchange, so it is more efficient and easier to use a day trading brokerage. In contrast to traditional investors who usually … [Read more...]
Nifty levels for 5th May 2010
Please find the correct levels for nifty The Nifty Levels for 5th May 2010 are First Resistance = 5193 First Support =5097 Second Resistance =5256 Second Support =5064 Breakout above = 5289 Break down Below =5001 The above levels are for intraday only For Sure Shot pack and good Gains in Nifty Please visit Nifty Live Charts.com … [Read more...]