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Demo environment. Sample data and demo handoffs only — no real accounts or transactions.

Financial glossary

Every term, in plain English

74 words you’ll meet on fund pages, statements and policy documents — each with a short definition, a worked example where it helps, and the tools that put it to use.

4 of 74 terms in Tax

Terms starting with C

  • The profit made when you sell or redeem an investment for more than it cost; taxed as short- or long-term depending on how long you held it.

    Tax

Terms starting with L

  • LTCG

    Long-Term Capital Gains

    Gains on assets held longer than a set period; for listed shares and equity-oriented funds, that currently means more than 12 months.

    Tax

Terms starting with S

  • STCG

    Short-Term Capital Gains

    Gains on assets sold within a set holding period; for listed shares and equity-oriented funds, gains on holdings of 12 months or less.

    Tax

Terms starting with T

  • TDS

    Tax Deducted at Source

    Tax withheld by the payer — an employer, bank or fund house — before paying you, and credited against your final tax for the year.

    Tax