First Registered Mortgages
Loans secured over real estate and having priority over any later mortgages or charges.
Fixed Interest Market
The market where Fixed Interest securities with a maturity date over one year are traded. They include Commonwealth Government bonds, corporate bonds, floating rate notes, and certificates of deposit.
Fixed Interest Securities
These represent loans to borrowers, such as governments, banks and companies. In return for the loan, borrowers generally pay a pre-determined rate of interest for an agreed term.
Gearing
Borrowing to invest. Gearing magnifies capital gains and income, but can have the effect of magnifying losses and reducing income.
Market Index
A measure which tracks changes in the value of a specific group of stocks, bonds, or other investments.
Microcap Stocks
Companies falling outside the top 250 companies, that is, smaller companies on the Australian Securities Exchange (ASX) ranked by market capitalisation.