Costs and Charges

The money you pay when investing.

The money you pay when investing.

More terms

Direct listing

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.
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IPO

When a private company sells shares to the public for the first time. Its stock market debut, basically.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Formal admission

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.
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Bond

Learn what a bond is
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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