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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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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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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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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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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Accounting standards

The rules a company follows when preparing financial statements.
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