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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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Synthetic ETFs

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

The currency exchange rate a bank quotes, valid with immediate effect.
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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.
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Diversification

An investment strategy in which money is put into a variety assets.
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Stock Market

A place where shares of publicly listed companies are traded.
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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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After-hours trading

Trading outside of a stock exchange's opening hours.
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