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

More terms

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Fundamentals

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

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

Wall Street

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

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Exchange-Traded Fund (ETF)