Glossary of Terms
The A to Z of terms that you’ll get to hear often, in the Indian context
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- Glossary of Terms
AD | Authorised Dealer |
AUC | Assets Under Custody |
BO | Beneficial Owner |
BSE | Bombay Stock Exchange |
CAF | Common Application Form |
CC | Clearing Corporation |
CDSL | Central Depository Services (India) Limited |
CDSSF | Custodians and Designated Depository Participants Standards Setting Forum |
DDP | Designated Depository Participant |
DSC | Digital Signature Certificate |
FAQ | Frequently Asked Questions |
FATF | Financial Action Task Force |
FDI | Foreign Direct Investment |
FEMA | Foreign Exchange Management Act |
FPI | Foreign Portfolio Investor |
FVCI | Foreign Venture Capital Investor |
GDP | Gross Domestic Product |
GIFT | Gujarat International Finance Tec-City |
GSec | Government Securities |
GST | Goods and Service Tax |
ICCL | Indian Clearing Corporation Limited |
IFSCA | International Financial Services Centres Authority |
InvITs | Infrastructure Investment Trusts |
IOSCO | International Organization of Securities Commissions |
IPO | Initial Public Offering |
MoF | Ministry of Finance |
MSEI | Metropolitan Stock Exchange of India |
NCL | National Clearing Limited |
NSDL | National Securities Depository Limited |
NSE | National Stock Exchange |
PAN | Permanent Account Number |
PMLA | Prevention of Money Laundering Act 2002 |
POA | Power of Attorney |
RBI | Reserve Bank of India |
REITs | Real Estate Investment Trusts |
SEBI | Securities and Exchange Board of India |
SNRR | Special Non-Resident Rupee account |
SOP | Standard Operating Procedures |
TC | Tax Consultant |