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home > services & solutions > services
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Services |
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| Glossary and Terms |
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- Close-Out : The reimbursement of securities by KPEI to the lender prior to maturity, upon lapse of minimum period.
- Lender : Participant of transaction who has been willing and has fulfilled defined requirement as lender.
- Manufactured Dividend : An amount of dividend attached to stock which being lent in the form of cash dividend, stock dividend, cash bonus and stock bonus, to which KPEI is obligated to deliver to the lender.
- Exchange Day : Day of transaction in Stock Exchange.
- Minimum Loan Period : The minimum time or period does the stock being borrowed. Min 1 (one) Bourse Day.
- Recall : Instructions made by lender to withdraw its stock from lendable pool before expire date and after the Minimum Period passed.
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