Definition
Tax rules can change. A portfolio tool should label tax assumptions and separate gross from estimated net returns.
Worked example
A realized gain may look attractive before fees and taxes but lower after deductions.
C
Glossary · PSX term
Capital gain tax.
Capital gain tax is tax applied to gains from selling securities. Pakistani investors should verify current rules, rates, filer status, and holding-period treatment from official sources before calculating net returns.
More glossary terms
Browse all 199 terms →Current ratio
Current ratio compares current assets with current liabilities. It gives a quick view of short-term liquidity, especially for working-capital-heavy businesses.
Cum-dividend
Cum-dividend means a share is trading with the right to the upcoming declared dividend still attached.
Circuit breaker
A circuit breaker is the maximum percentage a single stock's price can move up or down in one PSX session.
Central Depository Company (CDC)
The CDC is the institution that holds PSX shares electronically and records who owns them.
CDC Investor Account
A CDC Investor Account holds your shares directly with the CDC rather than inside a broker's pooled account.
Cash-settled futures
Cash-settled futures settle in cash for the price difference, with no shares changing hands.
Coupon rate
The coupon rate is the annual interest a bond pays, stated as a percentage of its face value.
Consumer Price Index (CPI)
The CPI measures the average change in prices of a basket of goods and services households buy.
Circuit filter
A circuit filter is the rule that caps how far a single stock can move in a day before locking.