This document contains definitions of investment-related terms in Thai for investors. It defines terms such as advance resilience matching system (ARMS), automatic order matching (AOM), backdoor listing, bear/bull market, bid/offer, big lot, board lot, book value, broker, capital gain, cash account, ceiling and floor, clearing and settlement, circuit breaker, closed-end/open-end fund, commission, common stock, conflict of interest, corporate governance, credit rating agency, customer type, debenture, depository receipt, derivatives, delisting, disclosure, dividend, earnings per share, EBITDA, ETF, financial advisor, futures, goodwill, greenshoe option, halt,

1. ศัพทนารู
เพื่อผูลงทุน

2. ADVANCE RESILIENCE
MATCHING SYSTEM (ARMS)
AUTOMATIC ORDER
MATCHING (AOM)
BACKDOOR LISTING
BEAR MARKET / /
BULL MARKET
BID / OFFER /
BIG LOT
9-10
10-13

   
 
62 13  
10110
0-2654-5399
S-E-T Call Center . 0-2229-2222
E-mail: mediaandlibrarydept@set.or.th
2551
B
art_word_update_2550.indd 1 8/1/2552 22:22:59

3. BOARD LOT
BOOK VALUE
BROKER
13-20
24-26
20-24
C
CAPITAL GAIN
CASH ACCOUNT
CEILING & FLOOR /
CLEARING
AND SETTLEMENT
CIRCUIT BREAKER
CLOSED-END FUND / /
OPEN-END FUND
COMMISSION
COMMON STOCK
CONFLICT OF INTEREST
CORPORATE GOVERNANCE
CREDIT RATING AGENCY
CUSTOMER TYPE
D
DEBENTURE / /
CONVERTIBLE DEBENTURE
DEPOSITORY RECEIPT (DR)
DERIVATIVES / /
DERIVATIVE WARRANT (DW)
DELISTING
DISCLOSURE
DIVIDEND / /
DIVIDEND YIELD
EARNING PER SHARE (EPS)
EARNINGS BEFORE
INTEREST, TAXES,
DEPRECIATION AND
AMORTIZATION (EBITDA)
ETF / ETF
EXCHANGE TRADED FUND
E
art_word_update_2550.indd 2-3 8/1/2552 22:23:00

4. MAIN BOARD
MANIPULATION
MARGIN ACCOUNT / /
CREDIT BALANCE
MARKET CAPITALIZATION
MARKET MAKER
MARKET PRICE
NET ASSET VALUE (NAV)
NET SETTLEMENT
NON-VOTING DEPOSITORY
RECEIPT (NVDR)
OPENING PRICE / /
CLOSING PRICE
OPTIONS
FINANCIAL ADVISOR
FORCED SELL
FOREIGN BOARD / /
FOREIGN LIMIT
FUNDAMENTAL ANALYSIS
FUTURES
(FUTURES CONTRACT)
26-28
29-30
30
F
G
H
GOODWILL
GREENMAIL
GREENSHOE OPTION
HALT (H) “H”
INTERNET TRADING
INSIDER TRADING
31-33
33-35
35-36
M
N
O
31I
art_word_update_2550.indd 4-5 8/1/2552 22:23:00

5. PAR VALUE
P/BV RATIO
P/E RATIO
PORTFOLIO
PREFERRED STOCK
PRICE SPREAD
PROSPECTUS
PUBLIC OFFERING
PUT - THROUGH (PT)
RIGHT
SCRIPLESS SYSTEM
SECURITIES INVESTOR
PROTECTION FUND (SIPF)
SECURITIZATION
SET50 INDEX FUTURES
SET50
SET50 INDEX OPTIONS
SET50
SHORT SELL
STOCK PRICE INDEX
SET INDEX
- SET50 INDEX / SET50 /
SET100 INDEX SET100
- mai INDEX
(mai)
- INDUSTRY-GROUP /
INDEX /
SECTORAL INDEX
STOCK INDEX FUTURES
STOCK INDEX OPTIONS
STOCK OPTIONS
SUSPENSION (SP)
TAKEOVER
TECHNICAL ANALYSIS
TENDER OFFER
36-40
40
P
R
S T
40-48 48-50
art_word_update_2550.indd 6-7 8/1/2552 22:23:00

6. 9   
ADVANCE RESILIENCE MATCHING
SYSTEM (ARMS)
ARMS
11 2551
Automated System for the Stock Exchange of Thailand
(ASSET)
open platform
2
/ (Automatic Order Matching: AOM)
(Put-through: PT)
AUTOMATIC ORDER MATCHING (AOM)
A
  www.set.or.th
TRANSFERABLE
SUBSCRIPTION RIGHTS
(TSR)
TREASURY STOCK
TURNOVER RATIO
51U
W
UNDERWRITER
UNIT TRUST
WARRANT
XD, XR, XW, XS,
XT, XI, XP, XA
XE
52
X 52-53
54-60
60-64
art_word_update_2550.indd 8-9 8/1/2552 22:23:00

7. 10     11   
(Price then
Time Priority)
1
1
ARMS
Price then Time Priority
AOM
(Main Board) (Odd Lot
Board) (Foreign Board)
BACKDOOR LISTING
Backdoor Listing
BEAR MARKET / BULL MARKET
/
2-3
BID / OFFER
/
A
B B
art_word_update_2550.indd 10-11 8/1/2552 22:23:00

8. 12     13   
BIG LOT
1
3
Put-through
BOARD LOT
(Main Board)
(Board Lot)
1 1 Board Lot
100 . 10
1,000
500 6
1
50
BOOK VALUE
(Net Asset Value)
(Book Value per Share)
BB
C
-=
BROKER
( . . .)
CAPITAL GAIN
art_word_update_2550.indd 12-13 8/1/2552 22:23:00

9. 14     15   
15%
CASH ACCOUNT
3
15%
CashBalance
100%
CEILING & FLOOR
/
(Ceiling) (Floor) 30%
C
•
•
XD, XR, XS XA
•
15
• 1
(Warrant)
30%
1
CLEARLING AND SETTLEMENT
( )
(Net Settlement)
3
(T+3)
2 (T+2)
(Gross Settlement)
Put-through 50
Put-through
C
art_word_update_2550.indd 14-15 8/1/2552 22:23:00

10. 16     17   
CIRCUIT BREAKER
Circuit Breaker
1 SETIndex 10%
30
2 SETIndex 20%
1
2 Circuit Breaker
Circuit Breaker
30 1
Circuit
Breaker
CLOSED-END FUND / OPEN-END FUND
/
(Net Asset Value)
(Net Asset Value)
COMMISSION
0.25%
C C
art_word_update_2550.indd 16-17 8/1/2552 22:23:01

11. 18     19   
0.15%
0.10%
COMMON STOCK
CONFLICT OF INTEREST
CORPORATE GOVERNANCE
CREDIT RATING AGENCY
AAA D
. . .
2
(TRIS Rating)
( ) (FITCH Rating)
C C
art_word_update_2550.indd 18-19 8/1/2552 22:23:01

12. 20     21   
CUSTOMER TYPE
( )
3 (Local Institution)
(Foreign Investor)
(Local Investor)
SETSMART www.set.or.th, www.mai.or.th
www.settrade.com
DEBENTURE / CONVERTIBLE DEBENTURE
/
DEPOSITORY RECEIPT (DR)
(FinancialRight)
(Voting Right)
DERIVATIVES / DERIVATIVE WARRANT (DW)
/
(Underlying Assets)
(Issuer)
(Index) (Underlying
Securities) (Stock)
C
D D
art_word_update_2550.indd 20-21 8/1/2552 22:23:01

13. 22     23   
. . .
DELISTING
2
3 4
DISCLOSURE
. . .
•
( 56-1)
•
Electronic
Listed Companies Information Disclosure (ELCID)
D D
art_word_update_2550.indd 22-23 8/1/2552 22:23:01

14. 24     25   
DIVIDEND / DIVIDEND YIELD
/
“ ”
. 6.25
125
EARNINGS BEFORE INTEREST, TAXES,
DEPRECIATION AND AMORTIZATION
(EBITDA)
EBITDA
EBITDA
=
6.25
125
5.00 %
=
=
=
X 100
X 100
D
E E
EARNING PER SHARE (EPS)
- (
)
EBITDA =
ETF / Exchange Traded Fund
ETF
ETF Exchange Traded Fund
2536
Equity
ETF
2 2550 ThaiDEX SET50 ETF (TDEX)
Equity ETF MTrack Energy
art_word_update_2550.indd 24-25 8/1/2552 22:23:01

15. 26     27   
FORCED SELL
(Maintenance
Margin Rate)
FOREIGN BOARD / FOREIGN LIMIT
/
Automatic Order Matching
Put-through
( )
E
F F
ETF (ENGY)
ThaiDEX SET50 ETF (TDEX)
6 2550
SET50Index
SET50
MTrack Energy ETF (ENGY)
7 2551
FINANCIAL ADVISOR
. . .
. . .
art_word_update_2550.indd 26-27 8/1/2552 22:23:01

16. 28     29   
FUNDAMENTAL ANALYSIS
(Intrinsic Value)
FUTURES (FUTURES CONTRACT)
2
(Longposition)
(Short position)
(Offset)
GOODWILL
GREENMAIL
.
. .
.
. . .
.
. .
. .
.
. .
GREENSHOE OPTION
(Underwriter)
F
G
art_word_update_2550.indd 28-29 8/1/2552 22:23:01

17. 30     31   
( )
HALT (H)
“H”
•
•
• “H”
INTERNET TRADING
(Internet Trading)
(User Name) (Password)
TFEX
INSIDER TRADING
MAIN BOARD
(Board Lot)
1
10
10
(Big Lot Board)
G
H
I
M
art_word_update_2550.indd 30-31 8/1/2552 22:23:01

18. 32     33   
MANIPULATION
MARGIN ACCOUNT / CREDIT BALANCE
ACCOUNT
/
(Initial Margin)
( =
x )
CashBalance
MARKET CAPITALIZATION
( )
MARKET MAKER
Market Maker
MARKET PRICE
NET ASSET VALUE (NAV)
NAV
NAV
M M
N
art_word_update_2550.indd 32-33 8/1/2552 22:23:02

19. 34     35   
NAV
NET SETTLEMENT
3
(T+3)
NON-VOTING DEPOSITORY RECEIPT (NVDR)
OPENING PRICE / CLOSING PRICE
/
9.30 .
(Random Time) 9.55 - 10.00 .
Call Market
•
•
1
•
1
Call Market
16.30 .
(RandomTime) 16.35-16.40 .
16.30 .
Call Market
N N
O
art_word_update_2550.indd 34-35 8/1/2552 22:23:02

20. 36     37   
P/BV =
•
•
1
•
1
OPTIONS
2
2
“ ” “ ”(CallOption)
“ ”
“ ” (Put Option)
“ ” (Premium)
“ ” (Exercise Price Strike Price)
PAR VALUE
P/BV RATIO
O
P P
. 23
15 P/BV Ratio 1.53
(23 / 15)
P/E RATIO
1
12
P/E =
art_word_update_2550.indd 36-37 8/1/2552 22:23:02

21. 38     39   
.
23 2.27 P/E Ratio
10.13 (23 / 2.27)
P/E RATIO
P/E RATIO
P/E RATIO
P/E RATIO Rule of Twenty
P/E Ratio
20
4.5 P/E RATIO
20 - 4.5 = 15.5
PORTFOLIO
2 2 Portfolio
PREFERRED STOCK
PRICE SPREAD
-
PROSPECTUS
( )
. . .
PUBLIC OFFERING
P P
art_word_update_2550.indd 38-39 8/1/2552 22:23:02

22. 40     41   
(Underwriter)
. . .
PUT-THROUGH (PT)
(Put-through:PT)
RIGHT
Subscription Right
/
/
SCRIPLESS SYSTEM
( )
SECURITIESINVESTORPROTECTIONFUND(SIPF)
( ) 1 2547
•
•
SIPF
P
R
S S
art_word_update_2550.indd 40-41 8/1/2552 22:23:02

23. 42     43   
1 1
33
SECURITIZATION
( )
(PoolAssets)
(
)
(Private Placement)
SET50 INDEX FUTURES
SET50
Futures SET50 Index
SET50 Index
SET50 Index Futures
SET50 Index Futures
28 2549
SET50 INDEX OPTIONS
SET50
SET50 INDEX
SET50 Index Options 200
1
SET50 INDEX FUTURES
SET50
SET50 Call Options
SET50 SET50 Put Options
SET50 Index Options
29 2550
SHORT SELL
(Margin)
STOCK PRICE INDEX
S S
art_word_update_2550.indd 42-43 8/1/2552 22:23:02

24. 44     45   
(Market Capitalization
Weighted Index)
(Current Market Value)
(Base Market Value)
100 ( SET50 Index
SET100 Index 1000)
S S
x 100
(Current Market Value)
(Base Market Value)
=
SET INDEX
( SP
1 ) 30
2518
SET Index
SET50 INDEX / SET100 INDEX
( SET50 / SET100)
SET50 INDEX SET100 INDEX
50 100
16 2538 (SET50)
30 2548 (SET100)
SET50 Index SET100 Index 6
( )
12 200
(Free Float) 20
50
SET50 Index 100
SET100 Index
mai INDEX
(mai)
2 2545
INDUSTRY-GROUP INDEX /
SECTORAL INDEX
/
8 25
art_word_update_2550.indd 44-45 8/1/2552 22:23:02

25. 46     47   
STOCK INDEX FUTURES
(Cash Settlement)
Stock Index Futures
( SET50 Dow Jones)
1 (
SET50IndexFutures 1,000 )
( . .
. . . . . .)
Stock Index Futures
( )
STOCK INDEX OPTIONS
Options
Stock Index Options
(
SET50 DowJones) 1
(Exercise
Price) (
3 4
)
Stock Index Options
Stock Index Options
STOCK OPTIONS
Options
Options
Stock Options
Stock Options
Stock Options call
( )
Warrants Stock
Options 1 Warrants
Stock Options
Warrants
SUSPENSION (SP)
“SP”
S S
art_word_update_2550.indd 46-47 8/1/2552 22:23:03

26. 48     49   
•
•
•
TAKEOVER
. . .
2
1.
(Friendly Takeover)
2.
(Hostile Takeover)
(TenderOffer)
TECHNICAL ANALYSIS
( )
/
TENDER OFFER
(
)
TRANSFERABLESUBSCRIPTIONRIGHTS(TSR)
S
T T
art_word_update_2550.indd 48-49 8/1/2552 22:23:03

27. 50     51   
= X 100
TREASURY STOCK
TURNOVER RATIO
( )
UNDERWRITER
UNIT TRUST
T U
art_word_update_2550.indd 50-51 8/1/2552 22:23:03

28. 52     53   
WARRANT
(Underlying
Securities)
XD, XR, XW, XS, XT, XI, XP, XA
3
2
• XD (Excluding Dividend)
• XR (Excluding Right)
• XW (Excluding Warrant)
• XS (Excluding Short-term Warrant)
• XT (Excluding Transferable Subscription Right)
• XI (Excluding Interest)
• XP (Excluding Principal)
• XA (Excluding All)
XE (Excluding Exercise)
(Warrant) (Convertible Debenture)
(DR)
W
X X
art_word_update_2550.indd 52-53 8/1/2552 22:23:03