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      YTD
  NY DJIA 23,358 18.19%
  NY NASDAQ 6,783 26.00%
  London FTSE 7,381 3.33%
  Tokyo Nikkei 22,262 16.47%
  Shanghai SSE 3,392 4.39%
  Frankfurt DAX 12,994 13.18%
  Paris CAC 40 5,319 9.40%
  Singapore SGX 3,387 17.59%
  Malaysia KLSE 1,718 4.67%
  Thailand SET 1,717 11.27%
 
    USD EUR
  GBP 0.76 0.89
  JPY 112.07 131.67
  EUR 0.85 -
  USD - 1.17
  CNY 6.63 7.79
  CAD 1.28 1.50
  AUD 1.32 1.55
  HKD 7.81 9.18
 
      YTD
  Gold $1,290.80 12.16%
  Brent Crude $62.59 13.88%
  Silver $17.16 4.38%
  Platinum $943.48 -0.89%
  Natural Gas $3.07 -6.35%
  Wheat $439.75 8.31%
   
    Updated On 20-11-2017
 
Glossary of Terms
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
BACS payment
BACS stands for Bankers Automated Clearing System which is a system for sending money electronically between banks. A BACS payment happens when money is sent electronically from one bank account to another.
Balance sheet
A balance sheet is a summary of an organisation's financial position. It lists the values, in the books of account on a particular date, of all the organisation's assets and liabilities. The assets and liabilities are grouped in categories, to paint a picture of the organisation's strengths and weaknesses.
Balloon payment
Some loan and finance agreements have lower repayments than normal in return for a high final payment. This is called a balloon payment.
Bankruptcy
If someone cannot pay their debts when they are due to be paid, a court may issue a bankruptcy order against them. This order takes ownership of the debtor's property away from the debtor and allows much of the property to be sold. The money raised is divided between the creditors following strict rules.
Barter
This is a way of paying for things, without using money, by exchanging goods.
Basic rate tax
Once you have used up all your tax allowances and all your lower-rate tax band, you pay basic-rate tax. The basic rate is 22% at the moment (2000).
Basic state pension
This is the retirement pension the Government pays to people who have paid enough national insurance contributions. Some people may receive a reduced basic state pension because they have not paid enough contributions.
Bear
A bear is someone who expects share prices to fall in the future and sells shares now so that they can buy them back later at a lower price.
Bearer
The bearer of a document is the person who has it in their possession.
Beneficial interest
If something really belongs to a person, even though they do not legally own it, they have a beneficial interest in it. If, for instance, parents hold an investment on behalf of their child, they are the legal owners but the child is the beneficial owner of the investment.
Next
 
 
Oct 2017
German fund inflows for 2017 already ahead of last year
Oct 2017
Zinc is dull but useful, and it’s in short supply – it’s time to buy!
Mar 2017
Confidence among European and global fund managers is increasing, with many seeing European equities as undervalued as the macro landscape improves.
Feb 2017
A 17-year bear market is over. The next two to three years could be the best time in decades to be invested in the UK stockmarket. Expect the FTSE 100 to smash through 8,000 - maybe even run on to 10,000.
 
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