The difference between total income/revenue and total running costs/operating expenses from continuing operations. Excludes non-operational items, such as one-off gains or losses from the sale of assets or acquisition costs. Also called earnings before interest and taxes (EBIT), or operating income.
The price an investor must pay, or what the market demands, for buying a share or a unit in an investment fund.
A pension scheme arranged by an employer for the benefit of one or more employees. Membership is optional.