Trading Basics
Buyback
When companies purchase their own shares.
This reduces the amount of shares issued.
Other 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.
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.
Convertible Stocks
A loan that the owner can convert to ordinary shares in that company, given a set of conditions defined in the original loan.
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Learn the skills needed to trade the markets on our Trading for Beginners course.
