FANG Stocks

• FAANG is an acronym for the five most popular and best-performing US technology stocks.

• BAT stock is an acronym used to refer to China’s top three technology companies: Baidu Inc., Alibaba Holding Group Ltd. and Tencent Holdings Ltd.

• Bioremediation is a branch of biotechnology that uses living organisms such as microbes and bacteria to decontaminate affected areas.

• The Dow 30, also known as the Dow Jones Industrial Average (DJIA), is made up of 30 major US public companies.

• EdTech, short for Education Technology, refers to the introduction of new technologies in the classroom.

• GAFAM is an abbreviation for shares of American technology companies: Google (Alphabet); Apple; Facebook (meta); Amazon; and Microsoft.

• Monthly active users (MAU) track the number of unique users visiting a website or platform in a given period of time.

• The technology sector consists of businesses that sell goods and services in electronics, software, computers, artificial intelligence and other information technology (IT) related industries.

• The Technology, Media and Telecommunications (TMT) sector is an industry group that includes companies focused on new technologies.

• Wearable technology is emerging as an important category of the Internet of Things with life-changing applications in medicine and other fields.

• The adjusted closing price changes the closing price of a share to reflect the value of that share after accounting for any corporate action.

Allocation is the systematic distribution of business resources between different entities and over time.#

• Alphabet shares are shares of a publicly traded company that have different classes of shares, commonly referred to as “.A shares” or “.B shares”.

• Anti-dilution clauses are clauses built into convertible preferred shares to help protect investors from their investments that could lose value.

• Par value is the price at which the bond was issued, also known as its face value.

• A backstop is the act of providing extreme assistance or security in an offering of securities to an unsubscribed portion of the shares.

• The basic materials sector consists of companies involved in the exploration, development and processing of raw materials.

• Bearer shares are unregistered equity securities owned by the owner of the physical shares documents. The issuing company pays dividends to holders of physical coupons.

• The “tit in hand” theory says that investors prefer stock dividends over potential capital gains due to the uncertainty of capital gains.

• A buyout is a reference to an investor buying back shares because the original seller was unable to deliver the shares as promised.

• Cash dividends are payments made by a company to its shareholders in the form of periodic cash distributions (as opposed to shares or any other form).

• Ordinary shares are securities representing ownership of a corporation.

• Compound interest is a process in which interest is credited to the existing principal as well as to the interest already paid.

• Most interest is accrued every six months, quarter or month.

• Convertible preferred shares are a type of preferred shares that pay dividends and can be converted into ordinary shares at a fixed conversion rate after a certain period of time.