Gross Margin

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

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

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Custodian bank

Learn what a custodian bank is.
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Ponzi Scheme

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

Bonds and stocks.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Running yield

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

Learn what a margin call stands for in financial terms.
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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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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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