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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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Securities

Bonds and stocks.
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Zero coupon bonds

What is a zero coupon bond?
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Diversification

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

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

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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