Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

A physical/digital place where stockbrokers and traders can buy and sell securities.

More terms

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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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Collective investment scheme

Learn what's a collective investment scheme
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Base rate

What's the base rate?
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Spot Rate

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