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book valueBook value is the total value of the net assets of a company attributable to – or owned by – shareholders.
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leverage‘Leverage’ is a US term that is also known as ‘gearing’. Both express the extent to which any transaction is financed by debt from lenders as opposed to capital provided by the investor.
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stagflationStagflation is a nasty mix of rising prices (based on high demand, production capacity constraints, or both) and falling growth.
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working capitalAlso known as ‘net current assets’, working capital is the total of a firm’s current, or short term, balance sheet assets minus all current liabilities.
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more in investmentsFREE report: Three tech stocks to watch
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most popular articlesThe car is set to go the way of the VHS tape – prepare your portfolio
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more in prices & chartsCompany news
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latest articlesEasyJet hits turbulence
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most popular articlesEasyJet hits turbulence
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more in propertyFREE report: London's imminent property crash
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