Trading Basics
Book Value
A valuation of something using its net assets on the balance sheet.
A very rough way of valuing an asset because it ignores the intangibles.
Other Trading Basics
Bid
Traders can go short at the bid price.
The terminology is from the broker point of view, they are bidding to buy from you.
Acquisition
When the majority of shares changes hands in a company.
This is typically when one company buys another.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.
