List of Glossary Terms
The PDSnet Glossary of Terms contains definitions and explanations for over 2600 financial market terms. These definitions are constantly kept up-to-date with current topical examples from the markets. They are also updated for changes in legislation and current events like COVID19 and the July 2021 civil unrest.
The terms in the Glossary are directly linked to all PDSnet articles, confidential reports, lecture modules and other material. This means that a client reading one of our publications can immediately see which terms are defined in the Glossary and click through to read the definition. Terms within the definitions in the glossary are similarly linked, which gives the Glossary an enormous educational depth share market investors.
| TRADEABILITY |
The ease with which a share can be traded. Some shares are free-dealing and highly tradeable, others are tightly held. |
| TRADE-WEIGHTED |
A term used to describe the strength of a currency based on its relationship to other world currencies in proportion to that country's trade with them.... read more |
| TRADE UNION |
The trade union movement in South Africa has become a major force since the advent of democracy in 1994. The union movement was an important component of the ANC's... read more |
| TRADE SURPLUS |
The trade account shows the value of South Africa's merchandise exports minus its merchandise imports. If the exports exceed the imports during... read more |
| TRADE DEFICIT |
A trade deficit occurs on the trade account of the balance of payments (BOP) when imports are greater than exports. Imports are usually... read more |
| TRADE ACCOUNT |
This, together with the Capital Account make up the Balance of Payments. The Trade Account shows the country's exports minus its imports... read more |
| TRADE |
The purchasing and selling of goods and services both within an economy and internationally between economies. Goods and services are exchanged for... read more |
| TRADABLE INDEX |
An index which can be traded through some type of derivative contract such as a futures contract. Derivative instruments like futures enable... read more |
| TOWER TOP |
A candlestick top reversal signal formed at the top of a well established trend in an uncertain market. The Tower Top, also call the... read more |
| TOWER BOTTOM |
A candlestick reversal signal which is the opposite of the tower top formation. The Tower Bottom, also call the Spike Bottom, takes form beginning... read more |
| TOURISM |
An industry focused on supplying the needs of people traveling on holiday. This industry provides a wide variety of accommodation from hotels to camp sites... read more |
| TOUCH POINTS |
A touch point is a the point on a chart where the share (or other data stream) touches a trendline. The more touch points that a trendline... read more |
| TOP REVERSAL SIGNAL |
A term used in technical analysis to describe a formation at the top of a trend which signals that the trend is likely to change... read more |
| TOP DOWN |
An approach to financial analysis which begins with a company's financial statements and attempts to assess how the company is doing based on what... read more |
| TOP |
The highest point on a share price or other graph over a defined period. Obviously, as a private investor, you will be trying everything... read more |
| TOO LATE TO CANCEL |
When a trader attempts to modify or replace an order that has already been executed but not yet reported as having been filled, the order is said... read more |
| TOKYO STOCK PRICE INDEXES |
A range of indexes (known as the Topix) weighted for the free-float market capitalisation calculated in real time by the Tokyo Stock Exchange (TSE).... read more |
| TOKYO STOCK EXCHANGE |
The stock exchange of Japan. The Nikkei index of the 225 largest companies trading on the TSE gives a very good idea of the performance of this market. The TSE opens in the... read more |
| TIP SHEET |
A newsletter, which concentrates on giving its readers hot tips regarding which share to buy and sell and when to transact. Such letters should be followed... read more |
| TIP |
If you talk about the stock market socially with your friends and colleagues at work, you will certainly get tips on what to buy and what to sell from time... read more |
| TIME VALUE DECAY |
A term which describes the fact that the time value of an option diminishes as the option approaches the expiry date. Time value decay follows a negative... read more |
| TICK |
A short horizontal line off a bar chart showing the opening price (to the left) or the closing price (to the right). |
| TIME VALUE |
The difference between the premium paid for an option and the intrinsic value. As the option approaches expiration, the time value erodes, eventually to zero. |
| TIME SERIES MOVING AVERAGE |
A time series moving average is not really a moving average in the strictest sense. It draws a line which is the end of a regression line. A regression... read more |
| TIME AND SALES |
Official exchange transcript of the prices at which a futures contract traded, as well as the precise times at which such trades occurred. |
| TIER 2 CAPITAL |
That portion of a bank's capital that consists of hybrid instruments, undisclosed reserves, revaluation reserves and sub-ordinated term debt. In... read more |
| THRUST |
A comparison between the price difference of successively lower pivot bottoms or higher pivot tops. For example, a reduction in the difference between pivot... read more |
| TIER 1 CAPITAL |
The equity and retained earnings of a bank. This is its best capital also called its "core" capital. Only 15% of this capital is allowed... read more |
| TICK SIZE |
A short horizontal stroke on a bar graph showing the price at which the share closed. |
| TICK INDICATOR |
The number of shares whose last trade was an uptick or a downtick. |