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Equity ETF

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

An exchange-traded fund that is comprised of a set of stocks.

More terms

Diversification

An investment strategy in which money is put into a variety assets.

Clean price

The quoted price of a gilt, which excludes accrued interest

Net Income (NI)

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

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

Balance sheet

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

American Depository Receipt (ADRs)

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

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

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