Shareholders funds
Shareholders funds are the assets that belong to the shareholders – equivalent to equity
poison pill
Poison pill is a term used in the investment world to describe a legal rule built into a company’s structure that effectively prevents it from being taken over. This could […]
pre-emption rights
Pre-emption rights are very important. The rules that govern how listed companies behave say that, unless you agree otherwise, companies can’t issue stock to new investors without offering it to […]
Real Estate Investment Trust or REIT
Real Estate Investment Trust or REIT – A REIT is a listed property company in a tax efficient structure: REITs must pay out 90% of their property income to shareholders […]
reference benchmark
reference benchmark – When a fund does not have a benchmark, investment companies and investment managers offer reference or a comparitor benchmark. This helps investors / shareholders appreciate how the NAV and share prices have done and […]
comparitor – as a substitute benchmark
comparitor – When a fund does not have a benchmark, investment companies and investment managers offer a comparitor or reference benchmark. This helps investors / shareholders appreciate how the NAV […]
Additional Tier 1 or AT1
Additional Tier 1 or AT1 – in addition to a bank’s core capital or Tier 1, it may also use other additional forms of capital to ensure its capital adequacy. Tier 1 […]
Markets in Financial Instruments Directive (MiFID)
Markets in Financial Instruments Directive (MiFID) is the framework of European Union (EU) legislation for investment intermediaries that provide services to clients around shares, bonds, units in collective investment schemes and […]
Preferred return
Preferred return – a preferred return is a return that needs to be earned by an investor before lower ranking (often ordinary shareholders or, in the private equity world, General […]
EPS or Earnings per Share
EPS is an abbreviation of earnings per share. It is the profit or loss attributable to shareholders for a particular period divided by the number of shares at the end […]
