Financial Glossary
Master the language of the markets. 2 terms and counting.
IPO (Initial Public Offering)
GeneralThe first time a private company offers shares of stock to the public. IPOs allow companies to raise capital from public investors.
Index Fund
Investment VehiclesA type of mutual fund or ETF designed to track the performance of a specific market index, such as the S&P 500, offering broad diversification at low cost.