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Dictionary
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Zero-Sum Game
Zero-Sum Game
A situation in which one person's gain is another's loss.
A situation in which one person's gain is another's loss.
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Diversification
An investment strategy in which money is put into a variety assets.
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Securities
Bonds and stocks.
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Leverage
A method of trading using borrowed money that usually involves a very high level of risk.
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Stock Market
A place where shares of publicly listed companies are traded.
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Growth stocks
These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Forward pricing
Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Clean price
The quoted price of a gilt, which excludes accrued interest
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Withholding Tax
A tax deduction made at the source of the payment.
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Over-The-Counter (OTC)
A security that is sold outside of an exchange.
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