# Education Glossary

Showing Terms 1 - 20 out of 533 found.### All Terms

Term | Definition |
---|---|

Zero Coupon CD | A Certificate of Deposit that defers interest payment until maturity. |

Zero Coupon Bond | A long-term fixed income security that are purchased at a price below their face value and matures at face value. |

Yuan | Base unit of currency for China. |

Writer | The option contract's seller. |

Weighted Close | A technical indicator that calculates the average change in a security's price by applying more value towards the closing prices of that security. |

Weighted Average | A mathematical average calculated from the multiplication of each data element by a value representing its importance. |

Wedge | A price chart pattern comprised of two converging lines that connects high and low points on a chart that appears as a triangle. |

Warrant | A certificate issued by a company that gives the holder the option of buying stock shares at a specific Strike price until expiration. |

Volume | Total number of shares traded for a security on a given day. |

Volatility | An assessment of Risk based upon the Standard Deviation of the asset's Return. |

Vega | How much the price of an option will change in relation to the volatility of the underlying asset. |

Variance | The measurement of how far each data element in the data set is away from its mean (average value). |

Value At Risk (VAR) | Measurement of the financial risk associated with one or more investments over a specific time frame. It estimates the amount of assets needed for collateral to offset losses. |

Valuation | The act of determining the current worth of an asset or company. |

Utilities | A stock sector that is comprised of privatized gas, electricity and water industries. |

UpTick | A fluctuation in a securities price which is higher than the previous transaction. |

Up Volume | A security that closes a day of trading activity at a higher volume level than at that day's opening price. |

Unlisted Security | A financial security that has not met exchange requirements to be listed on the exchange. |

Underlying | A financial instrument (Stocks, Futures, Commodities, etc.) that formulates the basis for a Derivative's (such as Options) price. |

Uncovered Put | A strategy where the trader sells a Put Option without having a Short position in the underlying Stock. |