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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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Technical Analysis

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

How banks work out what investors will pay for shares before an IPO, one order at a time.
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Investment Trust

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