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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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Costs and Charges

The money you pay when investing.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Earnings per share

We look at what earnings per share mean and how to calculate it
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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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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Stock Market

A place where shares of publicly listed companies are traded.
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