Course glossary
Here are some worlds which should be familiar for you till the end of the course, try to cover them when you will have free time.
Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL
T |
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TurnoverThe total sales of a business or company during a specified period. | |
U |
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Unit trustA unit trust invests money in the stock market on behalf of a group of private investors that have put all their money together to invest and be managed by a fund manager. | |
Unquoted sharesSome companies choose to not be listed on the stock market, or they may not meet the listing requirements. Therefore the shares are ‘unquoted’. | |
V |
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Venture capitalCapital invested into projects with higher risks, usually start-up businesses. | |
Vertical mergerA merger between companies that are in the same industry but are not at the same production stage. For example, if a car manufacturer buys a tyre company. They are part of the car manufacturing industry, but now the car maker can reduce the cost of tyres. | |
VolumeThe number of shares traded in a day on the London Stock Exchange. | |
W |
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Without-profits policyAn insurance policy that does not share in the profits of the business that issued it. | |
Working CapitalThis is the capital a business uses in its day-to-day trading. It’s the difference between current assets and current liabilities. It provides an indication of liquidity and the businesses ability to meet its current obligations. | |
Work-life balanceThe balance in demands of both life at work and personal life. | |