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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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Custodian bank

Learn what a custodian bank is.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Inflation

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

Unique to the UK, these funds pool together money to invest from multiple investors.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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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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