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The price you are asked to pay when you buy a stock (see ‘Bid Price’).

See Exchange-Traded Fund (ETF).

The aggregate size in board lots of the most recent ask to sell a particular security.

For an issue with a committed dividend/distribution policy, the indicated annual dividend/distribution (IAD) equals the most recent dividend/distribution multiplied by the payment frequency. For example, if an issuer pays $0.04 quarterly, then the indicated rate is $0.04 X 4 or $0.16. In the case of issuers with no committed policy, the IAD is obtained by adding the dividend/distribution amounts paid in the last 12-month period. Indicated annual dividend/distribution is also referred to as indicated rate.

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

An exchange-traded, fixed income-like instrument consisting of a subordinated debt security and a share of common stock packaged together to form a tax-efficient delivery mechanism to distribute an issuer’s free cash flow to its investors. Investors are paid dividends from the common share component and interest from the subordinated debt.

See Operating Income.

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

A record of a company’s sales and expenses over a particular year or quarter. 

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