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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LSE

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

We look at what earnings per share mean and how to calculate it
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Withholding Tax

A tax deduction made at the source of the payment.
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Stock Market

A place where shares of publicly listed companies are traded.
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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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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Account balance

The amount of money a user has stored in a financial repository.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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