Glossary of wealth management terms

Confused about financial jargon? Use our jargon buster to get a plain explanation of industry terms.

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Large cap stocks
Large cap is a shortened version of the term "large market capitalization." Market capitalization shows the value of a corporation by multiplying the stock price by the number of stocks outstanding.

Liquidity
The ease with which an investment can be converted into cash. If a security is very liquid, it can be bought or sold easily.