Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

A street in New York that became a figure of speech for the financial markets of the US.

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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Fundamentals

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

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

A tax deduction made at the source of the payment.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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