FAQ Glossary

Title Definition
SSG Acronym for 'Stock Selection Guide'
SCG Acronym for Stock Comparison Guide
NMF Acronym for 'Not meaningful'. This is typically used where data cannot be calculated or is not meaningful. For example, calculating a P/E ratio when the stock has zero or negative earnings is not meaningful.
OTC Acronym for 'Over The Counter'. In the context of investing, OTC stocks are unlisted stocks which are traded by brokers/dealers who negotiate directly with each other.
Annual Report Yearly record of a publicly held company's financial condition. It includes a description of the firm's operations, management's discussion of the year's results, as well as a balance sheet, income statement and cash flow statement information. Securities and Exchange Commission rules require that it be distributed to all shareholders. A more detailed version is called a 10-K and is filed with the SEC.
Annual Meeting Meeting of a company's stockholders held once a year at which its managers report on the year's results. It is at the annual meeting that shareholders can ask questions of management.
Asset Any possession that has value in an exchange.
Average An arithmetic mean return of selected stocks intended to represent the behavior of the market or some component of it. One example is the widely quoted Dow Jones industrial average (DJIA), which adds the current prices of the 30 DJIA stocks and divides the results by a predetermined number, the divisor.
Balance Sheet Also called the statement of financial condition, it is a summary of a company's assets, liabilities and net worth at a specific time.
Bear An investor who believes a security or the overall market in one asset class will decline. A bear market is a prolonged period of falling stock or bond prices, usually by 20 percent or more.