Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Investment funds that are often associated with riskier and shorter-term trading strategies.

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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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Spot Rate

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

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Yield to maturity

What is yield to maturity and why is it useful?
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Securities

Bonds and stocks.
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