Rally

A rally is a period of sustained rises in the prices of stocks, bonds, or other indexes. This typically involves quick or substantial upside moves over a considerably short period of time.

poison pill

Poison pill is a term used in the investment world to describe a legal rule built into a company’s structure that effectively prevents it from being taken over. This could take the form of shares that have different voting rights or situations that trigger a change of ownership, or even clauses that trigger the issuance […]

Growth investing

Growth investing – Investing in companies that are growing by more than the market appreciates A growth company is anticipated to grow at a rate equal to or greater than the average for the market. These companies generally pay little or no dividends, as the companies usually want to reinvest any earnings in order to accelerate […]

CAR-T

CAR-T is an acronym for chimeric antigen receptor T-cell. The idea is that the body’s naturally occurring T-cells are reprogrammed to attack cancer. The T-cells can be harvested from the patient or another donor. If the therapy is working correctly, only the cancer cells are targeted and healthy cells are unaffected.

Real Estate Investment Trust or REIT

Real Estate Investment Trust or REIT – A REIT is a listed property company in a tax efficient structure: REITs must pay out 90% of their property income to shareholders every year. REITs must be primarily engaged in property investment, rather than in development or other non-property related activities. As REITs are all listed property […]

neutral weight

neutral weight – when a portfolio holds the same amount of an asset as the index Neutral weight is used as a relative term, generally regarding an index and in the context of a benchmark. See overweight and underweight Example Stock A is 10% of an index. A portfolio holds 10% of Stock A. The portfolio has a neutral weight to […]

underweight

underweight – when a portfolio holds more of an asset than in the index Underweight is used as a relative term, generally to something neutral, generally an index and often refers to a benchmark. The opposite is overweight See also neutral weight Example Stock A is 10% of an index. A portfolio holds 8% of Stock […]

overweight

overweight – when a portfolio holds more of an asset than in the index Overweight is used as a relative term, generally to something neutral, generally an index and in the context of a benchmark. The opposite is underweight See also neutral weight Example Stock A is 10% of an index. A portfolio holds 12% of […]

ETF

ETF is an abbreviation for Exchange Traded Fund. These are funds, traded on an exchange (like an investment company), that issue and redeem shares to match supply and demand (like a zero discount mechanism), and generally track an index which could be based on a range different asset classes. The manufacturers of ETFs have become […]

Mineral

A naturally occurring inorganic element or compound having an orderly internal structure and characteristic chemical composition, crystal form, and physical properties. The term includes base and precious metals.

Intangible vs. tangible assets

Tangible assets are literally assets you can touch – machinery, office equipment, buildings etc. Intangible assets are things that have a value but cannot be touched such as goodwill, patents, copyrights, franchises, trademarks and brands.

Glossary

Rally