10 terms
What you can own
Shares, bonds, funds, and the rest of the things a portfolio is made of.
- ADRA certificate traded on a US exchange that represents shares in a foreign company.
- Commercial paperShort-term unsecured borrowing issued by large companies, usually maturing within nine months.
- CommodityA raw physical good — oil, gold, wheat, copper — traded in standardised units.
- Common stockThe standard form of share ownership, carrying votes and a residual claim on profits.
- Funds from operationsA property-company profit measure that adds back depreciation, since buildings often appreciate.
- GoldA precious metal held as a store of value, with no yield and no cash flow.
- Money market fundA fund holding very short-term, high-quality debt, used as an alternative to a deposit account.
- Preferred stockShares that rank ahead of common stock for dividends, usually without voting rights.
- REITA listed company owning income-producing property, required to pay out most of its profits.
- Structured productA packaged investment combining a bond with derivatives to produce a defined payoff.
Educational reference only. Nothing here is investment advice or a recommendation to buy or sell anything, and tax treatment depends on your own circumstances and the country you are in.