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0.0 00 What is a ‘Debenture’? A debenture is a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. …

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0.0 00 What is ‘Liquidity’ Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset’s price. Market liquidity refers to the extent to …

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Gearing Ratio

0.0 00 What is the ‘Gearing Ratio’? A gearing ratio is a general classification describing a financial ratio that compares some form of owner’s equity (or capital) to funds borrowed by the company. Gearing is a …

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0.0 00 What is ‘Arbitrage’ Arbitrage is the simultaneous purchase and sale of an asset to profit from a difference in the price. It is a trade that profits by exploiting the price differences of identical …

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Working Capital

0.0 00 What is ‘Working Capital’ Working capital is a measure of both a company’s efficiency and its short-term financial health. Working capital is calculated as: Working Capital = Current Assets – Current Liabilities The working …

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Capital Markets

0.0 00 What are ‘Capital Markets’ Capital markets are markets for buying and selling equity and debt instruments. Capital markets channel savings and investment between suppliers of capital such as retail investors and institutional investors, and users …

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