T+1 Settlement

The lowest price at which a seller is willing to sell a security. Also called the offer price. The difference between ask and bid price is the spread.

The weighted average cost at which you purchased shares of a stock, calculated by dividing total cost by total quantity. Used for P&L calculations in UseMoney.

Bombay Stock Exchange. India's oldest stock exchange, established in 1875, located in Mumbai. Its benchmark index is the Sensex.

One-hundredth of a percentage point (0.01%). Used to describe small changes in interest rates, yields, or expense ratios. 100 basis points = 1%.

The highest price a buyer is willing to pay for a security. Together with the ask price, it forms the bid-ask spread.

The commission or fee charged by a broker for executing buy or sell orders. Discount brokers in India typically charge flat fees (e.g., Rs 20 per order) or zero for delivery trades.