What is the 'stock exchange'? Definition & meaning

More terms

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

S&P 500

Find out what is the definition of the S&P 500 index.

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Professional Client

An investor that is able to meet several regulatory criteria.

DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

Fundamentals

The data or information that is likely to impact a company's stock price.

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

Stock Exchange