NASDAQ

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

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

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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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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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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Net asset value

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

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