Glossary

Fixed assets, also known as tangible assets, are long-term physical properties or investments with enduring value used in a company's operations, such as buildings, equipment, and land.

A forward contract is a customized financial agreement between two parties to buy or sell an asset at a predetermined future date and price, providing a hedge against price fluctuations.

The general ledger is a comprehensive record that presents all financial transactions of a company and organizes them into individual accounts for tracking purposes.

Governance refers to the practices and processes used to ensure the effective management and oversight of an organization, typically involving decision-making, compliance, and maintaining accountability.

In options markets, "the Greeks" serve as numerical metrics traders utilize to gauge the risks associated with a specific trade type. These consist of five primary Greeks, each reflecting a distinct variable: Delta, Gamma, Vega, Theta, Rho

Gross profit is the difference between a company's total revenue and the cost of goods sold (COGS), representing the profit generated before deducting operating expenses.

Gross profit margin is a financial metric that represents the percentage of revenue retained after deducting the cost of goods sold, demonstrating a company's efficiency in producing goods or delivering services.

Gross sales represent the total revenue generated by a company from the sale of its products or services before accounting for any deductions or expenses.

Hedging is a financial strategy used to reduce or offset the risk of adverse price movements in assets by taking an offsetting position in a related security or derivative.