Any institution issuing securities that has opened a securities account with the central securities depository.
A good or receivable held by an economic operator (companies, individuals, institutions, etc.). An asset can be movable (money, insurance contract, securities) or immovable (houses, land, etc.).
Total amount of funds managed in a mutual fund or investment company.
Non-nominal security, meaning its holder is considered the owner unless contested. These securities allow the bearer to receive interest or dividends, or the principal at maturity for bonds. They also represent an investment form where the shareholder’s identity remains anonymous to the issuing company, offering great flexibility.
Debt security issued by a company or State to borrow money. It pays interest, is tradable on a financial market, but unlike shares, does not confer ownership rights.
Intermediary between a buyer and a seller on financial markets.
Financial organization specialized in the custody (record-keeping) of securities.
Investment service provider (often a bank) responsible for holding securities and ensuring compliance with management decisions for an investment fund.
Security recorded only in a securities account with an account keeper, depending on the category of securities, with the same characteristics, in the name of the owner or holder.
Situation where a company issues new shares, reducing the ownership percentage of existing shareholders.
Distribution of part of a company’s profits to its shareholders.
Long-term financial resources of a company; the term “equity” refers to capital operations (capital increase, IPO, bond issuance, etc.) or the structure of fixed assets.
Activity linking capital borrowers and lenders.
Market whose main role is to finance economic development (companies, State, local authorities), ensure liquidity and mobility of invested savings, and provide regular valuation of listed securities.
Risk that the expected gain is not achieved or that the invested capital is reduced. Generally, the higher the profit potential, the higher the risk.
Portion of savings used to acquire financial assets.
Extract from the prospectus providing essential information about the investment fund, including legal form, management company, custodian, investment guidelines, and management fees.
Over-the-counter market that sets the price of a financial instrument or asset for future delivery.
Buying or selling shares of a listed company by someone with non-public privileged information.
Organizations that collect individual savings to invest in financial markets (management companies, pension funds, banks, insurance companies).
Legal entity that prepares, registers, and sells securities (stocks or bonds).
Ease with which an asset or security can be converted into cash without affecting its market price and in quantities without imbalance.
Agreement by which a client entrusts an investment service provider with the management of their financial assets.
Value of a company’s outstanding shares, assessed at market price.
Act of artificially influencing the price of a security or market behavior for personal gain.
Risk of upward or downward fluctuations in financial product prices (stocks, bonds, derivatives) that may result in capital gain or loss for the holder.
Agreed date on which a financial product (e.g., bond) must repay the principal.
Combination of two companies to form a new legal entity under a single name.
Market where financial institutions and large companies obtain short-term or very short-term financing or invest their assets.
Co-ownership of securities without legal personality, managed by a management company on behalf of unit holders.
Total amount of an investment fund’s assets (securities and cash) valued at market price, minus its liabilities.
Estimated value at a given time of a UCITS, assessed at market price, divided by the number of units in circulation.
Face value of a financial security, set at issuance, used as a basis for calculating interest or dividends.
Percentage change of a security or index over a period, considering market prices and withdrawals/detachments (dividends / coupons).
Risk management strategy involving mixing different types of investments to limit exposure to a single asset or risk.
Right for an existing shareholder to subscribe to new share issues before others.
Market where financial securities are initially issued – public offerings, IPOs.
Ability of invested capital to generate income.
Formal document detailing a public investment offer, required by market authorities.
When a company publicly offers securities (subscription, sale, exchange) or lists on a regulated market.
Operation by which the subscriber terminates the contract before maturity and requests payment of savings. Redemption may be partial, subject to a minimum period, or unavailable.
Fees charged when the investor sells their mutual fund units or investment company shares. Deducted from the net asset value upon redemption.
Traditional exchanges like Euronext. Listed companies must comply with strict rules and supervision.
Body that ensures regulation and proper functioning of financial markets.
Savings products reserved for retirement.
Gain or loss realized on an investment over a period. The calculation depends on the product type.
Numerical scale from 1 (low risk) to 7 (high risk), noting that level 1 does not mean “risk-free”.
Investment company with variable capital managing a portfolio of securities and cash, issuing shares as subscriptions are received.
Negotiable and fungible financial instruments – shares and bonds.
Accounts opened in the name of securities holders, recording their holdings admitted to operations by the central depository.
Seeking subscribers for a financial operation and collecting orders (via communication to generate interest).
Financial asset that can take the form of a share, bond, mutual fund, etc., issued by a company or government.
Generic term for a share or other tradable investment.
Institution that confirms to the central securities depository the settlement of a securities transaction on a stock exchange.
A security issued by a company, granting ownership rights, voting rights, and dividends.
Debt securities issued by a State.
Debt issued or guaranteed by a State.
Market where financial instruments are traded for immediate delivery.
Place (physical or not) where listed securities are bought and sold daily.
Value of a security determined by supply and demand on a stock market at a given time.
Natural or legal person who places a subscription, purchase, or sale order for securities in a transaction.
Amount (often a percentage) added to the net asset value (NAV) of the fund at the time of purchase.
Form that the subscriber must complete for any subscription.
Operation by which a company proposes to acquire another. The initiating company is the acquirer, the target is the company being acquired.
Short-term debt securities issued by the State through auction.
Treasury securities issued for 7 to 50 years, usually by auction, according to a pre-published annual calendar.
Portfolio of securities managed by professionals.
Benchmark (stock, basket of stocks, index, bonds, commodities) used to calculate the value and return of a savings product.
Date on which a deposited amount starts earning interest, or value date for a debit.
