Exchange-Traded Fund (ETF)

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

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

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Net Income (NI)

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

Learn what quick ratio stands for in financial terms and how to calculate it.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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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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LSE

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

Learn what Beta stands for in finance.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Custodian bank

Learn what a custodian bank is.
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