An encumbered asset is one that is currently being used as security or collateral for a loan.

A record of all short-term invoices, bills and other liabilities yet to be paid.

dpgrievance@rsec.co.in

AMFI ARN No.29889

Zero Coupon Bond

The term is used in relation to VAT, where the rate of tax which is in principle levied but at a rate of 0% so that in effect no tax is payable, but will result in refunds of input tax credits.

In a bull market, an Elliott three-wave pattern that subdivides into a 5-3-5 pattern with the top of wave B noticeably lower than the start of wave A. In a bear market, this pattern will be inverted.

Yield:

Yield:

A chart in which the yield level is plotted on the vertical axis and the term to maturity of debt instruments of similar creditworthiness is plotted on the horizontal axis.