- Floorsheet
- NEPSE's daily record of every executed trade — price, quantity, and the buying and selling broker for each one. It's the finest-grained public trading data NEPSE publishes.
- Book close
- The date a company fixes its shareholder register to determine who is eligible for a dividend, bonus share, or right share. Shares must be held before this date to qualify.
- Circular trading
- A pattern where a security's turnover is inflated by trades that don't reflect a genuine change in ownership — the same broker on both sides of a trade, or a small group of accounts trading back and forth or in a cycle.
- Wash trading
- A specific form of circular trading where the same party — or the same broker on both sides — is effectively buying from and selling to itself, creating the appearance of activity without any real change in ownership.
- Broker number
- Every NEPSE-licensed brokerage has a fixed member ID. Floorsheet and broker-flow data reference brokers by this number rather than by name.
- AGM (Annual General Meeting)
- A listed company's yearly shareholder meeting, where dividends, bonus shares, and other resolutions are formally approved — usually the event that triggers a book-close date.
- Point-in-time data
- Data captured and stored exactly as it existed at a given moment, before anything later became known. It's the discipline that makes a research test honest rather than hindsight-biased.
- Forward-graded
- A prediction or research call whose outcome is graded only after the fact, once the real, live result is known — logged before the outcome, and never re-graded with hindsight.
- Random baseline
- What a purely random choice would have achieved over the same period. The benchmark a real strategy has to beat before its results mean anything at all.
- Market regime
- The broad state the market is currently in — for example trending, choppy, risk-on, or risk-off. Used to describe current conditions, not to predict future ones.
- Liquidity
- How easily a stock can be bought or sold without moving its price. Thin liquidity means even a modest order can shift the price significantly.
- Turnover
- The total value of shares traded in a security, or across the market, over a given period — a basic measure of trading activity.
- Broker flow
- The pattern of net buying or selling by specific brokers over time, used as one input for gauging whether informed money is accumulating or distributing a stock.
NEPSE glossary
Plain-language definitions for terms used across NEPSE trading and across this site — not a trading signal, just a shared vocabulary.