Glossary
Stocks
Any security traded on a public exchange including fixed interest or equity securities.
Money paid in return for the use of money. If the bank is using your money (in a savings account) they pay you interest. If you are using the bank's money (via a loan), you pay the bank money.
The amount you would get if you sold an asset and paid back any money you owed on it. For example, if you have a house worth $350,000, and a $300,000 mortgage, your equity in your house is $50,000.
Piece of paper that proves ownership of stocks, bonds and other investments.
Browse the glossary
Here you'll find explanations of the many financial terms used throughout the Sorted website.
