Search
Site Map | Related Sites | Definitions | Glossary | FAQs
Banking Company
Financial Institution
Intermediary
Enforcement Agency
Click here for FINnet portal
New uploads
Our contact details
Ministry of Finance
IRDA
RBI
SEBI
UNSC Sanction Lists
Home > Glossary
Glossary
 Term Explanation
Banker to an issue A scheduled bank carrying on all or any of the issue related activities namely acceptance of application and application monies; acceptance of allotment or call monies; refund of application monies; and payment of dividend or interest warrants. 
Collective investment scheme  Any scheme or arrangement made or offered by any company under which the contributions, or payments made by the investors, are pooled and utilized with a view to receive profits, income, produce or property, and is managed on behalf of the investors is a Collective Investment Scheme. Investors do not have day to day control over the management and operation of such scheme or arrangement. 
Credit rating agency Credit rating agency means a body corporate which is engaged in, or proposes to be engaged in, the business of rating of securities offered by way of public or rights issue. 
Custodian  An organization, usually a bank or any other approved institutions, that hold the securities and other assets of mutual funds and other institutional investors. 
Depository A system of organisation, which keeps records of securities, deposited by its depositors. The records may be physical or simply electronic records. 
Depository Participant An agent of the depository through which it interfaces with the investor. A DP can offer depository services only after it gets proper registration from SEBI. 
Foreign institutional investor An institution established or incorporated outside India which proposes to make investment in India in securities; provided that a domestic asset management company or domestic portfolio manager who manages funds raised or collected or brought from outside India for investment in India on behalf of a sub-account, shall be deemed to be a Foreign Institutional Investor. 
Merchant banker Any person who is engaged in the business of issue management either by making arrangement regarding selling, buying or subscribing to securities or acting as manager, consultant, adviser or rendering corporate advisory service in relation to such issue management. 
Portfolio Manager Any person who pursuant to a contract or agreement with a client ,advises or directs or undertakes on behalf of the client (whether as discretionary portfolio manager or otherwise) the management or administration of a portfolio of securities or the funds of the client as the case may be. 
Registrar to issue  The person appointed by a body corporate or any person or group of persons to carry on the activities of collecting applications from investors in respect of an issue; keeping a proper record of applications and monies received from investors or paid to the seller of the securities and assisting body corporate or person or group of persons in- determining the basis of allotment of securities in consultation with the stock exchange; finalising of the list of persons entitled to allotment of securities; processing and despatching allotment letters, refund orders or certificates and other related documents in respect of the issue. 
Share transfer agent Any person, who on behalf of any body corporate maintains the record of holders of securities issued by such body corporate and deals with all matters connected with the transfer and redemption of its securities. It can also be a department or division (by whatever name called) of a body corporate performing the above activities if, at any time the total number of the holders of securities issued exceed one lakh.
Sub-broker Any person not being a member of a stock exchange who acts on behalf of a stock-broker as an agent or otherwise for assisting the investors in buying, selling or dealing in securities through such stock-brokers. 
Trustee to trust deed  Legal custodian who looks after all the monies invested in a unit trust or mutual fund. As per SEBI Debenture Trustee rules, trust deed is a deed executed by the body corporate in favour of the trustees named therein for the benefit of the debenture holders. 
Underwriter A financial organization that handles sales of new securities which a company or municipality wishes to sell in order to raise money. Typically the underwriters will guarantee subscription to securities say, an issue of equity from the company at a stated price, and are under an obligation to purchase securities upto the amount they have underwritten, should the public not subscribe for the issue. 
Venture capital fund A fund established in the form of a trust or a company including a body corporate and registered under the SEBI venture capital fund regulations which - has a dedicated pool of capital, raised in a manner specified in the regulations and invests in venture capital undertaking in accordance with the regulations. 

Top

PMLA >> Overview
Notifications >> Notification No. 9/2005 - Rules for Record Keeping and Reporting
Notifications >> Notification No. 15/2005 - Amendment to Rules
Disclaimer | Tenders | Contact us | What’s New? | Site Map