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A publication, including financial statements and a report on operations, issued by a company to its shareholders at the company’s fiscal year-end.

The date on which a security holder must be registered as a holder of an issue to receive the dividend/distribution.

An order that must be filled completely or the trade will not take place.

A stockbroker charging lower commissions than full-service brokers. Discount brokers do not give investment advice.

A certificate trading on a U.S. stock exchange that represents shares of a foreign corporation. 

The portion of the issuer’s equity paid directly to shareholders. It is generally paid on common or preferred shares. The issuer or its representative provides the amount, frequency (monthly, quarterly, semi-annually, or annually), payable date, and record date. The exchange that the issue is listed on sets the ex-dividend/distribution (ex-d) date for entitlement. An issuer is under no legal obligation to pay either preferred or common dividends.

Options that can be exercised any time during their lifetime. These are also known as open options.

stock trading when the major stock exchanges are closed. 

A plan implemented by a corporation allowing purchase of shares, or fractions of shares, directly from the company, usually on a regular basis. 

This is an instruction you can give your broker when placing a buy or a sell order. This instruction ensures that your order will be filled in its entirety or not at all. This prevents having a partial execution of your trade.