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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.

More terms

After-hours trading

Trading outside of a stock exchange's opening hours.

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

52-week high/low

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

Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).

Clean price

The quoted price of a gilt, which excludes accrued interest

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Key Information Document (KID)

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

Costs and Charges

The money you pay when investing.

American Depository Receipts (ADRs)

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

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