The Kenya Association of Stockbrokers and Investment Banks is an association that represents the interests of Kenyan stockbrokerage and investment banking companies. It was initially founded as the Association of Kenya Stockbrokers (AK
Bonds are also referred to as fixed income securities. They are promissory notes issued by government and corporations that entitle the investor to a specific interest at specific intervals over a specified length of time and to receive the principal upon maturity. Unlike shares, bonds do not carry with them any sense of ownership but guarantee interest even when the issuer does not register a profit.
Going Private
This is a change from public ownership of a company to private ownership either by a company repurchasing all its shares or by a private buyer doing so. This may happen when the value of the shares is drastically low making it possible to acquire them cheaply. Companies may go private to restructure their businesses or to fend off takeover threats.
Dry Run Portfolio
It is also known as paper trade. It is an imaginary portfolio of shares, constructed and monitored regularly by an investor over a period of time without actually buying the shares. The investor acquires experience on the ups and downs of the stock market at no financial cost or risk. With time, the investor garners enough confidence to actually invest in the stock market.
Joint Holders
This is when two people or more come together to apply for shares in a new issue. They hold the shares jointly. While signing the deed of transfer after a sale of shares, all shareholders must sign. It is also referred to as joint ownership.
Paid-up Capital
This is the total amount of money paid in full by shareholders of a company for the purchase of their shares. It is calculated by multiplying the total number of shares issued by the par value of each share.
Investor Word
Bonds
Bonds are also referred to as fixed income securities. They are promissory notes issued by government and corporations that entitle the investor to a specific interest at specific intervals over a specified length of time and to receive the principal upon maturity. Unlike shares, bonds do not carry with them any sense of ownership but guarantee interest even when the issuer does not register a profit.
Going Private
This is a change from public ownership of a company to private ownership either by a company repurchasing all its shares or by a private buyer doing so. This may happen when the value of the shares is drastically low making it possible to acquire them cheaply. Companies may go private to restructure their businesses or to fend off takeover threats.
Dry Run Portfolio
It is also known as paper trade. It is an imaginary portfolio of shares, constructed and monitored regularly by an investor over a period of time without actually buying the shares. The investor acquires experience on the ups and downs of the stock market at no financial cost or risk. With time, the investor garners enough confidence to actually invest in the stock market.
Joint Holders
This is when two people or more come together to apply for shares in a new issue. They hold the shares jointly. While signing the deed of transfer after a sale of shares, all shareholders must sign. It is also referred to as joint ownership.
Paid-up Capital
This is the total amount of money paid in full by shareholders of a company for the purchase of their shares. It is calculated by multiplying the total number of shares issued by the par value of each share.