Term Paper about Assignment

A promissory note or a corporate bond which (in the US) is backed generally only by the reputation and integrity of the borrower and (in the I-J) by the borrower's specific assets.

When unsecured, it is called a bare debenture or naked debenture; when secured by a charge on a specific property, it is called a mortgage debenture. Read more: http://www Definition of 'Global Depositary Receipt - GRID . A bank certificate issued in more than one country for shares in a foreign company.The shares are held by a foreign branch of an international bank. The shares trade as domestic shares, but are offered for sale globally through the various bank branches. 2.

A financial instrument used by private markets to raise capital denominated in either U. S. Dollars or euros. I I Investigated explains 'Global Depositary Receipt - GRID . A GIRD is very similar to an American Depositary Receipt. 2.

These instruments are called Deer when private markets are attempting to obtain euros. I w. Objectifications. Mom/definition/debenture. HTML#ixzz2aJmqOv90 difference between debenture and bond according to companies act 1956 India Debenture includes stocks, bond and any there securities of company whether constituting a charge on asset or not.

* generally private sector companies issue debentures and public sector and financial institutions issue bonds . * Bond is a long term debt instrument that promises to pay a fixed annual interest over a specific period. * debentures may be convertible into equity shares while bonds are not. Debentures may be redeemed in installment. Re: What is the difference between ADAIR AND GIRD? I Answer I ADAIR stands for American Depository Receipts and GIRD stand for Global Depository Receipts.

Here always have a query that can Indian can invest in abroad in stock markets.. Yes he can through ADAIR and GIRD where these both the things are traded in Market.. ADAIR are Just for in America and GIRD can be dialed anywhere in the world it works like shares of some company.

.. And Nina recession point of view these are the best to purchase.I I ADAIR refers to the American Depository Receipt. Generally it is issued through a participative bank(approved by SEC) directly to American citizen without any hindrance of various compliance to the concerned company.

Necessarily the company should a on-USA and specifically for Americans. Whereas GIRD refers to the Global Depository Receipt. A bank certificate issued in more than one country for shares in a foreign company. The shares are held by a foreign branch of an international bank.India is hot these days - all major brokerages are of the opinion that India has a great long term potential, and that investors in India would reap handsome benefits in the next 10 years.

With the current correction in the Indian stock market, the valuations have become even better. And the logic of investing in Indian equity market has become even more compelling. This is great for people living in India - they can invest in various mutual funds (MFC), or can choose some great companies and invest in those. (Confused if you should invest in stocks directly or through mutual funds?Please read "Direct investment in Stocks versus Mutual Funds (MFC)? ") But what about Non Resident Indians (Gnarls) and foreign nationals? Considering the many restrictions on Gnarls and foreign nationals investing in India, how can they benefit from the potential that India offers? There are some very good proxies to investing directly in India - and Adders and Gars are a great option. What an ADAIR / GIRD? ADAIR stands for American Depository Receipt.

Similarly, GIRD stands for Global Depository Receipt. Let's understand these better.Every publicly traded company issues shares - and these shares are listed and traded on various stock exchanges. Thus, companies in India issue shares which are traded on Indian stock exchanges like BASE (The Stock Exchange, Iambi), ONES (National Stock Exchange), etc. These shares are sometimes also listed and traded on foreign stock exchanges like NYSE (New York Stock Exchange) or NASDAQ (National Association of Securities Dealers Automated Quotation).

But to list on a foreign stock exchange, the company has to comply with the policies of those stock exchanges.Many times, the policies of these exchanges in US or Europe are much more stringent than the policies of the exchanges in India. This deters these companies from listing on foreign stock changeability's. But many good companies get listed on these stock counterinsurgencies - using Adders and Gars. This is what happens: The company deposits a large number of its shares with a bank located in the country where it wants to list indirectly.

The bank issues receipts against these shares, each receipt having a fixed number of shares as an underlying (Usually 2 or 4).These receipts are then sold to the people of this foreign country (and anyone who is allowed to buy shares in that country). These receipts are listed on the stock exchanges. They behave exactly like regular stocks - their prices fluctuate depending on their demand and supply, and depending on the fundamentals of the underlying company. These receipts, which are traded like ordinary stocks, are kaleidoscopically Receipts.

Each except amounts to a claim on the predefined number of shares of that company.The issuing bank acts as a depository for these shares - that is, it stores the shares on behalf of the receipt holders. What is the difference between ADAIR and GIRD? Both ADAIR and GIRD are depository receipts, and represent a claim on the underlying shares. The only difference is the location where they are traded. If the depository receipt is traded in the United States of America (USA), it is called an American Depository Receipt, or an ADAIR.

If the depository receipt is traded in a country other Han USA, it is called a Global Depository Receipt, or a GIRD.How can you use an ADAIR / GIRD? Adders and Gars are not for investors in India - they can invest directly in the shares of various Indian companies. But the Adders and Gars are an excellent meaner of investment for Gnarls and foreign nationals wanting to invest in India. By buying these, they can invest directly in Indian companies without going through the hassle of understanding the rules and working of the Indian financial market - since Adders and Gars are traded like any other stock, Gnarls and foreigners can buy these using their jugular equity trading accounts!