What are 'fundamentals'? Definition & meaning

More terms

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

NYSE

The world's largest stock exchange. Wall St HQ.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Volatility

A measure of how much the prices of an asset or index vary over time.

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.

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

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.

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Yield

Income from an investment as a percentage of its current price.

Fundamentals