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Z-certificate - A Z-certificate is a certificate issued by the Bank of England. It is used instead of stock certificates to improve short term transactions. In fact a Z-certificate is a proof of ownership of stocks, when the investor is intending to keep them for a short time. Z-certificates are not available to all kinds of stocks, they can even expire after a limited time. This is to prevent inventors of miss-using them, as there is a higher rate of interest associated with this stock. The restrictions on this certificate helps preserve... Definition: A bond that doesn't pay interest but is sold at a deep discount. The investor profits from the bond going up in value (kind of like a stock).
Characteristics: Zero coupon bonds are sometimes issued as such or sometimes they're actual interest-bearing bonds ...
Definition: Zero-sum games involve situations in which one person's gains are the result of another person's losses. No wealth is created (or destroyed) in these games. Examples: Examples of zero-sum games include options and futures. If a person makes money on an ... Zig Zag - A Zig Zag is an indicator, used in technical analysis. An indicator is data which provides information about how stock is performing in a certain situation. It helps investors to determine the most important movements in a security's chart. Movements are changes in price, value or rate of stock. A security's chart is a graph, used by technical analysts, which shows all the movements of stock in a certain period. The indicator filters out changes that are less than a certain percentage or amount. (An... Z Shares These shares are offered to employees of the company of the fund and in many cases, are used as a bonus for these employees. In some cases, the employee will be given Z share options, rather than monetary bonuses or they can also be given the option of purchasing shares in the fund. In some cases, employees will purchase a certain number of these shares every year and use them as a retirement fund, which is one of the reasons why Z shares are so popular among employees. They are also... |