Game of Intellect

Intraday limit

The limit allowed on a dealer's position in each and all currencies during the course of the trading day.

Holding Period

Holding Period is the period to which a persons holds the shares or scrips before selling it into the market.

Holding Period generally used in Calculation of Long Term and Short term Capital Gain

audit trail

Paper or 'electronic' trail that gives a step by step documented history of a transaction. It enables an examiner to trace the financial data from general ledger to the source document (invoice, receipt, voucher, etc.). The presence of a reliable and easy to follow audit trail is an indicator of good internal controls instituted by a firm, and forms the basis of objectivity.

Historical Cost:

Historical Cost is the well know principal of Accountancy. It states that all assets should be booked at its historical cost i.e. Actual cost of purchase of assets.

Assessment Year

 AY means year which is following the previous year.

Indirect Cost:

Indirect Cost are those cost which are not directly attributable.

Ageing Schedule

The total debtor figure is broken down to show how long invoices have been outstanding (remained unpaid).

Holder:

Holder of the cheque represent that person who holds the cheque before being present for payment.

I would use "Audit" :

1. Professional examination and verification of a company's accounting data.
2. Independent review and examination of records and activities to assess the adequacy of system controls, to ensure compliance with established policies and operational procedures, and to recommend necessary changes in controls, policies, or procedures.
3. A planned, independent and documented assessment to determine whether agreed upon requirements are being met.
4. An audit is a professional, independent examination of a company's financial statements and accounting documents according to generally accepted accounting principles. ...
5. A student who audits a course formally registers for it and attends class sessions but earns no credit and has no obligation to complete homework projects or take tests.

6. An inspection/assessment activity that verifies compliance with plans, policies, and procedures, and ensures that resources are conserved. Audit is a staff function; it serves as the “eyes and ears” of management.
 

So next should start with...

Horizontal Merger

Hire Purchase:

 Hire Purchase is a special kind of purchase of goods where property of goods is transfered on the payment of final installement unless Hire purchaser have only right to use the goods. 

Hi,

You need to explain hire purchase..also its already covered...

Anyways,

Additional margin
The amount which a market participant would have to deposit in order to cover the loss resulting from an assumed worst-case price fluctuation.

Hidden assets

Hidden assets are assets that are not valued or incorrectly valued by the market, because of under-utlisation by their owners or because of poor communication or lack of information.

redemption price

Holding Company:

Holding Company is a company who holds more then 50% shares in its subsidary company.i.e. If A holds 51% shares of B then A is the Holding Company of B