Glossary

An exchange traded contract where an obligation exists for the buyer to purchase (or a seller to sell) a commodity or a financial instrument at a future date and price.

Name given to the grouping of these 7 nations – United States, Germany, Japan, France, United Kingdom, Italy and Canada.

Rate at which an option gains or loses deltas over a $1 change in the price of the underlying security.

A financial ratio that compares an investor’s equity (capital) to active debt to determine level of risk. 

A trade order which instructs to buy or sell at a specific price that remains active until the investor informs of cancellation or the trade is executed.

A Candlestick chart pattern represented by a bar that contains identical open and close prices occuring at the low of the day.

A naming convention for the risk variable measurements of open Option positions. See: Alpha, Beta, Delta, Gamma, Rho and Theta.

The value of a country’s finished goods and services produced within its borders, within a specific period of time.

The total value of goods and services produced by a nation within one year, comprised of the Gross Domestic Product plus net income from foreign investments.

A mutual fund with a purpose of providing both income and growth by investing in companies that have demonstrated earnings growth and consistent dividend payouts.