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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Fundamentals

The data or information that is likely to impact a company's stock price.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Accounting standards

The rules a company follows when preparing financial statements.
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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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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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