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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Depository

We look at what is a depository and what role they play in keeping markets work.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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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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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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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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Accounting standards

The rules a company follows when preparing financial statements.
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