Fundamentals

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.

A place where shares of publicly listed companies are traded.

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

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

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

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

A means of calculating the potential future return on an investment.

The quoted price of a gilt, which excludes accrued interest

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