Investment glossary terms beginning with the letter Q:

Qualified Dividend- A dividend that is taxed at a lower tax rate than ordinary dividends because they meet a certain set of requirements outlined in the internal revenue code. To be a qualified dividend, the dividend generally must be paid by an American company or by a foreign company on the IRS’s approved list, and the required holding period must be met.

Investment glossary terms beginning with the letter R:

Rate of Exchange – Often referred to as currency exchange rate or foreign exchange rate, rate of exchange is the rate at which one currency may be traded or converted into another currency. Rates of exchange are typically quoted as one unit of the home country’s currency expressed in terms of the currency being acquired.

Investment glossary terms beginning with the letter S:

Savings Account – A type of deposit account at a bank, credit union or savings and loan institution. Savings accounts typically pay the account owner interest, and funds generally cannot be withdrawn from a savings account with a check.

Investment glossary terms beginning with the letter T:

Taiwan Stock Exchange Corporation (TSEC) – Founded in 1961, the TSEC is a stock exchange based in Taipei, Taiwan. Originally traded by an open outcry system, the TSEC switched to a computerized trading system in the early 1990s. The performance of the TSEC is primarily tracked by the Capitalization Weighted Stock Index, which is similar to the S&P 500 index.

Investment glossary terms beginning with the letter U:

Umbrella Liability Insurance – A type of liability insurance policy designed to protect individuals or businesses against claims that exceed the coverage of their primary liability insurance policy. Umbrella liability insurance can also be used to protect against claims not covered by the primary liability insurance policy. Umbrella liability insurance policies are commonly used by businesses and individuals to protect capital or to preserve wealth.

Investment glossary terms beginning with the letter V:

Value Broker – A stock or investment broker that bases his/her commissions on the total dollar amount of a transaction. A value broker is good for investors who are trying to minimize commissions paid to a broker on transactions involving a low priced stock or a transaction with a small quantity of shares being bought or sold.

Investment glossary terms beginning with the letter W:

Waiting Period – Often referred to as the cooling-off period, the waiting period is the time between the issuance of a company’s prospectus and its initial public offering (IPO). The waiting period generally lasts 20 days and the company’s investor relations are very limited during this period of time.

Investment glossary terms beginning with the letter X:

XW – A symbol used by business and investment publications to designate that a stock is being traded ex-warrants.

Investment glossary terms beginning with the letter Y:

Yield to Maturity- The yield an investor would realize on a bond or other fixed income security or investment if the security is held to the maturity date. If the bond or security is sold at a premium the yield to maturity is less than the current yield, whereas it would be greater than the current yield if it is sold at a discount.

Investment glossary terms beginning with the letter Z:

Zero Uptick – The price of a security that is the same as the previous transaction price, but which is higher than the most recent different transaction price. It is also often referred to as zero-plus tick.