Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

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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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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Securities

Bonds and stocks.
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