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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Professional Client

An investor that is able to meet several regulatory criteria.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Yield to maturity

What is yield to maturity and why is it useful?
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Custodian bank

Learn what a custodian bank is.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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