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We have compiled a comprehensive A-Z glossary of share dealing and investment terms.


Offer Price
The price at which investors can buy a share.

Open-Ended Investment Companies (OEICs)
First launched in 1996, OEICs are similar to unit trusts but have a corporate structure and a single price rather than a bid/offer spread. These funds have no limit to the number of units (or shares) they can issue.

Optional Corporate Action
An opportunity to purchase or subscribe for new shares. These are commonly known as a Rights Issue or Open Offer.

Ordinary Shares
The most common form of share. Holders may receive dividends in line with the company’s profitability and recommendation of its directors.

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