Trading Basics
Debenture
A form or capital, similar to debt, issued by companies and backed by particular assets.
Other Trading Basics
Bear Raid
When bears team up to push the price of a security down, normally by short selling and/or rumours.
This is illegal.
Balance of Payments
Also BoP. This is the difference between payments into or out of a country. It can be negative or positive and is used by traders in fundamental analysis.
Assets
Anything that is owned that is expected to generate a return to the owned.
Opposite to a liability.
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