What is 'Wall Street'? Definition & meaning

More terms

OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.

Accounting standards

The rules a company follows when preparing financial statements.

Oligopoly

A situation in which a market or industry is controlled by a small group of companies.

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

52-week high/low

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

American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

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Wall Street