Financial Glossary

FDA approval is the regulatory green light allowing pharmaceutical companies to market new drugs or medical devices in the US.

Fear of Missing Out - the emotional driver that pushes investors to chase rising assets, often leading to buying high and poor timing decisions.

A semiconductor company that designs chips but outsources manufacturing to third-party foundries like TSMC.

The theoretical price of an asset based on its intrinsic worth, calculated using fundamental analysis rather than current market price.

The interest rate at which banks lend excess reserves to each other overnight, controlled by the Federal Reserve to manage economic growth.

Government's use of taxation and spending to influence economic activity, directly impacting interest rates, inflation, and market sectors.

A mortgage loan with an interest rate that remains constant throughout the entire loan term, providing predictable monthly payments.

A legal process where lenders seize and sell properties when borrowers default on mortgage payments, often creating investment opportunities.

The cash a company generates after accounting for capital expenditures needed to maintain and expand its asset base.

A legally binding agreement to buy or sell an asset at a predetermined price on a specific future date.