Pro rata is the term used to describe a proportionate allocation.

PSU or Public Sector Undertaking is a company in which majority of the stake (more than 50%) is owned by the Government. Ex. State Bank of India, Food ...

OCI - Overseas Citizenship of India

OFS or Offer For Sale - An offer from any listed company for selling his share through the exchange platform.

An ombudsman is a Grievance Redressal Official, usually appointed by the government, who mostly investigates financial complaints like Banking, Insurance etc. ...

Open ended scheme - These mutual fund scheme's are open for purchasing and selling the units any time.

Open Order - An order that placed on the trading platform but yet not settled.

Order book - A book to show all order placed by investor either it is settled or cancelled.

OTC or Over the Counter - OTC trades are done in cash and without any regulator or authority.

NASDAQ (U.S.) - A Leading American Stock Exchange.

NAV or Net Asset Value is the market value of all the securities held by the Mutual Fund scheme. It is measured on a per-unit basis.

NBFC or Non-Banking Finance Company provide financial services and banking facilities like loans, credit facilities etc. They are not banks but covered under ...