Glossary

An official increase to a country’s currency exchange rate to reflect current market value.

A type of municipal bond that are issued for a public project where the debt is repaid via the proceeds from the funded project.

The total amount of fees earned by a company through the sale of its product and services.

Also known as a stock merge, this describes the process where shares of stock are merged to form a smaller amount of proportional, more valuable shares.

Change in option value that results from a change in interest rates.

New stock issuance by a company to shareholders based on their existing, proportional share holdings for a specific time frame and at a specific price.

A price chart pattern that represents a security’s low price increasing each day for a sustained number of days.

An investment’s uncertainty relating to financial returns and potential loss.

a. Within the Forex market, this is the interest earned when holding a position overnight. b. The transference of funds from one individual retirement account to another without tax consequences.

A unit of trading 100 shares or any group of stock shares divisible by 100.