Where a party to a contract does not make delivery against sale or payment against delivery, the other party can close out the transaction against the defaulting party. The gain or loss arising from the closing out is borne by the defaulter.
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IPO or Initial Public Offering is the process by which a company raises capital by issuing shares to investors with the intention […]
The final prospectus filed by the company with the Registrar of Companies (ROC) before launching the IPO. It contains all the information […]
The first public offer of shares by a Company. When a Company makes an IPO, the shares become widely held and there […]
Commission payable to the stock broker for arranging the sale or purchase of securities. Maximum chargeable commission is fixed by the Exchanges.