Equity

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

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

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Costs and Charges

The money you pay when investing.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Maturity value

What's the maturity value of a bond?
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Base rate

What's the base rate?
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