Financial Glossary for Traders & Investors
Explore the key trading and market terms and their meanings in this comprehensive glossary. Whether you're new to trading or looking to refine your knowledge, our financial glossary provides clear definitions of essential terminology used across global markets. From fundamental concepts to advanced trading strategies, discover the language of finance and enhance your understanding of the markets.
Z
An ISO code for South African rand, the official currency of South Africa.
When a central bank sets its short-term interest rates close to zero to encourage borrowing and spending, usually during times of economic slowdown.
A bond that doesn’t pay interest (coupons) during its life.
An option expiring on the same trading day.
A monthly survey-based economic indicator from Germany that measures investor and analyst expectations about the economy over the next six months. A higher ZEW Index means more positive expectations; a lower one signals concern or pessimism.
A business that earns just enough money to keep operating and pay interest on its debt but doesn’t make enough profit to grow or pay off its debts fully.
A price range on a chart where an asset’s price tends to stop rising and may reverse downward because sellers step in.
A statistical measure that tells you how far a data point is from the average (mean), measured in standard deviations. It’s often used to assess the risk of bankruptcy or how unusual a value is compared to normal.
The constant spread added to the entire risk-free yield curve to make the present value of a bond’s cash flows equal its market price over Treasuries to price a bond.