A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related MoneyPedia terms
- Brokerage AccountAn account you open with an investment firm to buy and sell stocks, bonds, funds, and other investments.
- Robo-AdvisorAn online service that builds and manages a diversified portfolio for you automatically using software.
- Market OrderAn instruction to buy or sell an investment right away at the best price currently available.
- CommissionA fee a broker charges for buying or selling an investment on your behalf.
- Settlement PeriodThe short window after a trade during which money and shares officially change hands.
- Stock ExchangeAn organized marketplace, such as the NYSE or Nasdaq, where stocks and other securities are traded.
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Plain-English education — not personalized legal, tax, or investment advice.