Tuesday, August 26, 2008

GOLDEN QUOTE

A simple way to remove fear is to seek knowledge and understanding.

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

CONGRATULATIONS TO CS !!!!

THE FOLLOWING ARE THE GREAT PERSONALITIES OF JAB WE MET WHO HAD CLEARED
CS FINAL EXAM JUNE 2008.
JAB WE MET MEMBERS ARE HIGHLY PROUD ON THE ACHIEVEMENTS OF FOLLOWING
MEMBERS OF JAB WE MET .
NOW IT IS NOT ONLY JAB WE MET CA BUT ALSO JAB WE MET CS ! ! !


NAME QUALIFICATIONS

RAHUL 4TH RANK IN CS FINAL JUNE 2008, DOING CA FINAL

NITYA 22ND RANK IN CS FINAL JUNE 2008, CLEARED CA FINAL IN
MAY 2008

DEVESH CLEARED CS FINAL IN JUNE 2008, DOING CA FINAL

AKHIL GUPTA CLEARED CS FINAL IN JUNE 2008, CLEARED CA FINAL IN MAY 2008


WE HOPE IN FUTURE MORE MEMBERS OF JAB WE MET WILL COME UP WITH FLYING
COLORS IN WHATEVER FIELD THEY WILL JOIN.

ON BEHALF OF JAB WE MET : CONGRATULATION TO ALL !!!


SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

futures contract

futures contract


A standardized, transferable, exchange-traded contract that requires
delivery of a commodity, bond, currency, or stock index, at a specified
price, on a specified future date. Unlike options, futures convey an
obligation to buy. The risk to the holder is unlimited, and because the
payoff pattern is symmetrical, the risk to the seller is unlimited as well.
Dollars lost and gained by each party on a futures contract are equal and
opposite. In other words, futures trading is a zero-sum game. Futures
contracts are forward contracts, meaning they represent a pledge to make a
certain transaction at a future date. The exchange of assets occurs on the
date specified in the contract. Futures are distinguished from generic
forward contracts in that they contain standardized terms, trade on a
formal exchange, are regulated by overseeing agencies, and are guaranteed
by clearinghouses. Also, in order to insure that payment will occur,
futures have a margin requirement that must be settled daily. Finally, by
making an offsetting trade, taking delivery of goods, or arranging for an
exchange of goods, futures contracts can be closed. Hedgers often trade
futures for the purpose of keeping price risk in check. also called
futures.

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

DUMPING

Term of the Day
For Monday, August 25, 2008
dumping
Definition
Exporting goods at prices lower than the home-market prices. In
price-to-price dumping, the exporter uses higher home-prices to supplement
the reduced revenue from lower export prices. In price-cost dumping, the
exporter is subsidized by the local government with duty drawbacks, cash
incentives, etc. Dumping is legal under GATT (now WTO) rules unless its
injurious effect on the importing country's producers can be established.
If injury is established, GATT rules allow imposition of anti-dumping duty
equal to the difference between the exporter's home-market price and the
importer's FOB price.
dumping is in the Banking, Commerce & Finance, Customs Documentation &
Procedures, Economics, Politics, & Society and International Trade &
Relations subjects.
dumping appears in the definitions of the following terms: dual pricing,
exporter's sale price, endangerment assessment, constructed value and
release.
This content can be found on the following page:
http://www.businessdictionary.com/definition/dumping.html
with regards

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

Thursday, August 21, 2008

Quote of the Day

The definition of a great company is one that will be great for 25 or 30
years. - Warren Buffett

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

price to sales ratio

Term of the Day - price to sales ratio


A stock's capitalization divided by its sales over the trailing 12 months.
The value is the same whether the calculation is done for the whole company
or on a per-share basis. A low price to sales ratio (for example, below
1.0) is usually thought to be a better investment since the investor is
paying less for each unit of sales. However, sales don't reveal the whole
picture, since the company might be unprofitable. Because of the
limitations, price to sales ratio are usually used only for unprofitable
companies, since such companies don't have a price/earnings ratio (P/E
ratio).
SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……





************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

adjusting events

Term of the Day
For Monday, August 18, 2008
adjusting events
Definition
Material events that occur between the date of preparation of financial
statements and the date of their approval by the management. Such events
must be reflected in the financial statements of a firm, to comply with the
requirement of giving a 'true and fair view' of its financial position. A
non-material (non adjusting) but significant event may be disclosed in the
notes (footnotes) to the financial statements. Also called post balance
sheet events.
adjusting events is in the Accounting & Auditing, Banking, Commerce &
Finance and Corporate, Commercial, & General Law subjects.
adjusting events appears in the definition of the following term: post
balance sheet events.
This content can be found on the following page:
http://www.businessdictionary.com/definition/adjusting-events.html

SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……

GOLDEN QUOTE

Success springs from calmness of the mind. It is a cold iron which cuts and
bends hot iron.

Wednesday, August 20, 2008

Quote

Quote of the Day


If all the rich people in the world divided up their money among themselves
there wouldn't be enough to go around. - Christina Stead

SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……

************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************

commercial paper

Term of the Day - commercial paper


An unsecured obligation issued by a corporation or bank to finance its
short-term credit needs, such as accounts receivable and inventory.
Maturities typically range from 2 to 270 days. Commercial paper is
available in a wide range of denominations, can be either discounted or
interest-bearing, and usually have a limited or nonexistent secondary
market. Commercial paper is usually issued by companies with high credit
ratings, meaning that the investment is almost always relatively low risk.


SATBIR SINGH
PRESIDENT
MEMBER JAB WE MET CA
REDEFINING PROFESSIONALISM……


************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************