Here is a sincere attempt to share a few interesting things about Financial Instruments.
- Samurai Bond is a yen-denominated bond issued by a foreign company in Jan.
- Sweat Equity refers to the equity shares issued to promoters, directors and employees of the company for value addition.
- Yankee Bonds are the US dollar-denominated bonds issued by a foreign borrower in US.
- The shares whose prices fall when the market is raising and rise when the market is falling are called Contrarian Shares.
- Collecting old share certificates and bond certificates as a hobby and investment is called Scripophily.
- Government Securities are called Gilt-Edged Securities.
- The process of fraudulently altering the amount for which a cheque is drawn is called Raising the cheque.
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