Narrow Market
Definition of Narrow Market
Related Terms
52 Week High
Circuit Breaker
That’s why circuit breakers are also known as trading curbs and are put in place when an index or market reaches a specific level. These are the current circuit breaker limits on NSE:
| Circuit Breaker Trigger | Trading Halt Duration |
|---|---|
| 10% | 0-45 minutes |
| 15% | 45 minutes; 1 hour 45 minutes; rest of the day |
| 20% | Rest of the day |
Window Dressing
Acceptance Credit
This is done through a letter of credit which is a creditworthy bank’s promise that the payment will be made.
There are two types of Acceptance Credit:
- Confirmed: Bank guarantees payment in case the buyer defaults
- Unconfirmed: Bank does not guarantee payment in case the buyer defaults
Deferred Tax Asset
Companies tend to deduct these overpayments or losses for accounting purposes and to reduce their overall taxable income. Common examples of deferred tax assets include:
- Depreciation of fixed assets
- Net financial loss
- Bad debt

