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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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Costs and Charges

The money you pay when investing.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Zero coupon bonds

What is a zero coupon bond?
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Accounting standards

The rules a company follows when preparing financial statements.
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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