Sources of Liquidity
What are Sources of Liquidity? For a company, its sources of liquidity are all the resources that can be used to generate cash. There are generally two major classes of sources of liquidity for a company: The primary sources of liquidity, which are either cash or other resources that can be converted into cash very...
Gilts
What are Gilts? Gilts are bonds issued by the UK government. More specifically, the debt securities are issued by the Bank of England, by His or Her Majesty’s treasury, and are listed on the London Stock Exchange (LSE). The term is also used in other Commonwealth nations, such as India or South Africa. However, typically,...
Pro Rata
What is Pro Rata? Pro rata is a Latin term – meaning “in proportion” – that is used to assign or allocate value in proportion to something that can accurately and definitively be measured or calculated. In North American countries, pro rata is often referred to or referenced as “prorated.” Usefulness of Pro Rata Pro...
Annual Turnover
What is an Annual Turnover? Annual turnover is a measurement to describe a fund’s annual trading activity. It is a percentage used to demonstrate how many holdings a mutual fund or exchange-traded funds (ETF) were replaced within the year. Essentially, the annual turnover will help to show the purchase or sale of securities within a...
Alternative Trading System (ATS)
What is an Alternative Trading System? An Alternative Trading System (ATS) is a trading venue that matches buyers and sellers for transactions. What is unique about it is that it is not regulated as an exchange like traditional stock exchanges, but is registered as a broker-dealer, focusing on finding counterparties (buyers and sellers) for security...
