Glossary · plain language
Every financial word used on the platform — defined plainly, with an Indian example. Free. No login. No ads.
5 of 5 terms · trilingual
Seed content
Seed terms — the multi-agent pipeline will generate the full ~500-term glossary in trilingual form once the schema migration runs.Browse by letter
Price-to-Earnings
TL;DR
How much you pay for one rupee of yearly profit.
If a company earns ₹10 per share each year and the market price is ₹200, P/E is 20 — you are paying ₹20 today for every ₹1 of next year's profit. Lower is "cheaper", higher is "pricier", but pricey can be justified for very high-quality businesses.
Where you'll meet it
On every stock page key-metrics strip. Shown as "P/E ratio" with a 5-year average comparison.
Return on Capital Employed
TL;DR
For every ₹100 the business has tied up, how many rupees of operating profit it earns in a year.
A consistent 18%+ ROCE across cycles signals quality. Below 12% across multiple years is a warning. ROCE captures both equity and debt — it tells you how productive the entire capital base is, not just shareholder money.
Where you'll meet it
On every stock page in the Financial Health section, with a 5-year history.
TL;DR
What stops a rival from copying this business — brand, scale, switching cost, network effect.
A moat is the structural reason a company can keep earning above-average profits for years. Borrowed from Buffett — picture a castle (the business) with a water-filled trench (the moat) protecting it. The wider and deeper the moat, the harder for attackers to take the castle.
Where you'll meet it
In every stock analysis, in The Business tab, under "Moat analysis".
TL;DR
50 of the largest companies on NSE, weighted by free-float market cap. India's headline index.
When you hear "the market is up 200 points" on TV, it usually refers to NIFTY 50. The companies inside change a few times a year — the rules are public and run by NSE Indices. NIFTY is not "the Indian economy"; it is a snapshot of 50 large listed businesses.
Where you'll meet it
On the homepage market-snapshot strip and inside the Macro · India learning tier.
Foreign Institutional Investor
TL;DR
Big foreign funds (e.g. pension funds, sovereign wealth) registered with SEBI to buy/sell Indian stocks.
When the news says "FIIs sold ₹3,000 crore today", it means foreign-registered funds, in aggregate, were net sellers. They move large amounts and short-term volatility often follows their flows. Long-term, the price still tracks the underlying business.
Where you'll meet it
On homepage Macro snapshot, and in any Macro · India learning topic.