Stock Market

A place where shares of publicly listed companies are traded.

A place where shares of publicly listed companies are traded.

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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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Bookbuilding

How banks work out what investors will pay for shares before an IPO, one order at a time.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Withholding Tax

A tax deduction made at the source of the payment.
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Zero coupon bonds

What is a zero coupon bond?
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Account balance

The amount of money a user has stored in a financial repository.
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