What is 'Exchange-Traded Fund (ETF)'?

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

More terms

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

Net Income (NI)

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

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

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.

Fundamentals

The data or information that is likely to impact a company's stock price.

DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

Balance sheet

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

Zero coupon bonds

What is a zero coupon bond?

Exchange-Traded Fund (ETF)