Investing & Markets Glossary

A liquid market has many buyers and sellers, tight pricing, and faster transactions.

Assets can include cash, property, equipment, inventory, investments, intellectual property, or money owed by others.

APY is useful for comparing deposit accounts because it reflects how interest earns more interest over time.

Asset allocation shapes risk and return by deciding how much of a portfolio belongs in each broad investment category.

Public companies often use annual reports to explain results to shareholders, regulators, and the wider market.

True arbitrage opportunities are often small, fast-moving, and affected by costs and risk.