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Dictionary
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Income statement
Income statement
A summary of a company's income and expenses over a set period of time.
A summary of a company's income and expenses over a set period of time.
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Compound interest
Understand what compound interest means and how it's calculated
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Spot Rate
The currency exchange rate a bank quotes, valid with immediate effect.
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Real Estate Investment Trust (REIT)
An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Forward pricing
Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Stock Exchange
A physical/digital place where stockbrokers and traders can buy and sell securities.
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Ponzi Scheme
A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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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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Gross Margin
The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Maturity date
The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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