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Glossary

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There are currently 7 names in this directory beginning with the letter C.
Capital Gain
A capital gain is when you sell an asset at a price higher than the amount you initially paid for it.
Certificate of Deposit
A certificate of deposit (CD) is a type of savings account where you deposit a specific amount of money for a set period of time. In return, the bank pays you interest. Once the agreed-upon period ends, you receive your original deposit amount along with any earned interest.
Closed-End Fund
An investment fund that issues a specific number of shares; its capitalization is fixed. The shares are not redeemable, but are readily transferable and trade on either a stock exchange or the over-the-counter market.
Closing Price
A closing price is the last level at which an asset was traded before the market closed on any given day.
Credit Rating
A credit rating is a numerical assessment that informs lenders about the likelihood of a borrower repaying a loan. It is determined by examining the borrower's financial history.
Credit Risk
Potential that an investment will go down when assigned a negative rating (downgraded) by a reputable credit rating service.
Cut off yield
Rate at which bids are accepted and set as the coupon rate for the security. Bids at yields higher than the cut-off yield are rejected and those lower than the cut-off yield are accepted.

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Disclosure

iInvest is wholly owned by Next Capital Limited, a licensed brokerage firm of the Pakistan Stock Exchange operating out of Karachi, Pakistan. Next Capital Limited holds TREC license #048 and is regulated by the Securities and Exchange Commission of Pakistan. In addition, Next Capital Limited is a publicly listed entity on the Pakistan Stock Exchange, trading under the ticker, NEXT.

Disclaimer

In case your complaint has not been properly redressed by us, you may lodge your complaint with Securities and Exchange Commission of Pakistan (the “SECP”). However, please note that SECP will entertain only those complaints which were at first directly requested to be redressed by the Company and the company has failed to redress the same. Further, the complaints that are not relevant to SECP’s regulatory domain/competence shall not be entertained.

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