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

52-week high/low

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

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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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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Spot Rate

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

What is a zero coupon bond?
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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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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Total Return

This is the measurement of a fund’s performance in a specific period.
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Maturity value

What's the maturity value of a bond?
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