Glossary
PremiumThe difference between the price paid by a shareholder for a share and the share's nominal value, that is, the excess above the nominal value. |
PrivatisationPrivatisation is the process of transferring the ownership of a company or industry from the public to the private sector. |
ProspectusA prospectus is a formal document that details a financial security, such as stocks and bonds, intended for public offering. The aim of the prospectus is to help investors make more informed investment decisions. |
Rate of interestThe cost of borrowing money over a period of time. |
Start-up companyA start-up company, often simply referred to a 'start-up', is a company in the early stages of its operations. The classification is mainly used to identify companies operating in innovative sectors characterised by high growth potential, but also high risk. |