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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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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