Maastricht Treaty
What is the Maastricht Treaty? The Treaty of the European Union (EU), which is commonly known as the Maastricht Treaty, is the international agreement that led to the formation of the European Union. The treaty was signed in 1991 by twelve member states and became effective in 1993. The EU is essentially a political and...
NIFTY 50 Index
What is the NIFTY 50 Index? NIFTY 50 is the most important index of the National Stock Exchange of India Limited (NSE), which is located in Mumbai. It evaluates the performance of 50 blue-chip stocks, the most reliable and liquid among Indian securities. Blue-chip stocks refer to shares of the most well-recognized and trustworthy enterprises...
Trading Watch List
What is a Trading Watch List? In investment banking, a trading watch list is maintained by the compliance group to comply with legal and regulatory requirements, mitigate conflicts of interest, prevent insider trading, and support information barriers. A watch list facilitates compliant securities trading surveillance and research monitoring activities to safeguard against improper use or disclosure...
Bargain Purchase
What is a Bargain Purchase? A bargain purchase occurs when a firm is purchased at a lower value than its fair market value. In this kind of transaction, businesses are sold mainly due to a crisis. There are other cases when a bargain purchase transaction occurs, such as in the case of a very rapid...
Competitive Bidding
What is Competitive Bidding? Competitive bidding is a form of solicitation that is used in the procurement of goods and services. It is used by companies and government agencies that require the delivery of products or services on a large-scale basis. The agency or company must issue a form of solicitation, commonly referred to as...
