Financial Glossary

Retirement savings plan used in the United States where the employee contributes part of their salary to an investment account with tax benefits. In s...

Voluntary Pension Savings, a Chilean system that allows people to save extra for retirement with tax benefits. In simple terms, it is extra money you...

Economic resource owned by an individual or company that has the potential to generate future benefits. In simple terms, it is something valuable you...

A prolonged period in which security prices generally fall 20% or more from recent highs.

Decentralized digital cryptocurrency that operates without the need for banks or governments, using a technology called blockchain to record transacti...

Stock of a large, well-established, and financially stable company with a long track record, strong reputation, and consistent performance. In simple...

Fixed-income financial instrument through which a person lends money to a company or a government in exchange for periodic interest payments and the r...

Authorized intermediary that executes the buying and selling of financial instruments (stocks, bonds, funds, etc.) on behalf of investors in the marke...

Period in the financial market in which asset prices, such as stocks or cryptocurrencies, show a sustained upward trend. In simple terms, it is when t...

The CPI (Consumer Price Index) measures the average change over time in the prices of a basket of goods and services typically consumed by households....

Digital asset that uses cryptography and blockchain technology to secure transactions and control the issuance of new units, without depending on a ce...

Financial instrument whose value depends on the price of another underlying asset, such as a stock, index, currency, or commodity. In simple terms, it...

Investment strategy that consists of spreading money across different assets, sectors, or markets to reduce risk. In simple terms, it means “not putti...

Portion of a company’s profits that is distributed to its shareholders as a reward for owning its shares. In simple terms, it is the payment you recei...

Financial indicator that shows the percentage return from dividends relative to a stock’s price. In simple terms, it tells you how much dividend incom...

Investment fund that trades on the stock exchange and tracks the performance of an index, sector, or group of assets such as stocks, bonds, or commodi...

Acronym for "Financial Independence, Retire Early." It is a movement aimed at accumulating enough savings and investments to live off the returns and...

Financial literacy is the ability to understand and use basic financial concepts in order to make informed decisions about money management. It includ...

Company or initiative that uses technology to provide financial services in a digital, faster, and more accessible way than traditional banking. In si...

Method of analysis that evaluates the true value of an asset by studying a company’s financial condition, economic environment, revenues, expenses, de...

It is the general and sustained increase in the prices of goods and services over time, which causes money to lose purchasing power. In simple terms,...

Cost of money over time or the profit earned for lending money. It is the additional amount paid or received on a principal over a certain period. In...

Financial strategy that consists of using borrowed money to increase investment capacity and, therefore, the potential level of profits. In simple ter...

Financial obligation that an individual or company has to third parties, usually in the form of debts or payment commitments. In simple terms, it is s...

Ability of an asset to be quickly converted into cash without a significant loss in value. In simple terms, it means how easily you can turn something...

Investment strategy that consists of buying an asset with the expectation that its price will rise over time so it can later be sold for a profit. In...

Investment vehicle that pools money from many people to invest in different assets such as stocks, bonds, or other instruments, managed by a professio...

NUAM is a stock exchange holding company created by the integration of the Chilean, Colombian, and Peruvian stock exchanges. Its goal is to operate as...

Money that a person receives regularly without actively working for it, usually generated by investments, properties, or automated businesses. In simp...

Group of financial assets owned by a person or institution, such as stocks, bonds, funds, or cash, managed for investment purposes. In simple terms, i...

Ability of an investment to generate profits in relation to the amount invested, usually expressed as a percentage. In simple terms, it shows how good...

ROI (Return on Investment) is a financial metric that measures the profitability of an investment by comparing the profit earned to the amount investe...

Profit or loss generated by an investment over a period of time, usually expressed as a percentage. In simple terms, it is what you earn or lose from...

Financial product that allows you to store money in a bank with the possibility of withdrawing it when needed and, in some cases, earning interest. In...

Investment strategy that consists of selling an asset that you do not own, with the obligation to buy it back later, expecting its price to fall in or...

Investment strategy that consists of selling an asset you do not own, expecting to buy it back later at a lower price to make a profit. In simple term...

Financial transaction in which a security is sold and, at the same time, an agreement is made to repurchase it at a future date for a pre-established...

Difference between the buying price and the selling price of a financial asset at a given moment. In simple terms, it is the “gap” between what you pa...

Cryptocurrencies designed to keep a stable value because they are pegged to a traditional asset such as the U.S. dollar, the euro, or another referenc...

Process where a user keeps certain cryptocurrencies locked in a platform or wallet to support the security and operation of a blockchain network, earn...

Securities that represent a proportional ownership in a company’s share capital. Shares are the units into which a company’s ownership is divided. Whe...

Authorized entity that acts as an intermediary between investors and the financial market to buy and sell instruments such as stocks, bonds, and funds...

Indicator that measures the performance of a selected group of representative stocks from a market, sector, or economy. In simple terms, it is a numbe...

Order placed to automatically sell an asset when its price reaches a specific level, in order to limit losses. In simple terms, it is a “safety sell o...

It is a mandatory payment that individuals and companies must make to the government to fund public services such as healthcare, education, security,...

Method of analysis that studies the behavior of asset prices through charts, patterns, and indicators to anticipate future market movements. In simple...

Financial product in which a person deposits a sum of money in a financial institution for a fixed period of time in exchange for receiving a previous...

It is the act of holding an asset long-term—whether in cryptocurrencies or other financial markets—trusting that its value will rise over time. The st...

The UF, or Unidad de Fomento, is an inflation-adjusted unit of account in Chile, used to calculate loans, prices, and contracts. In simple terms, its...

The UTM (Monthly Tax Unit) is a reference value updated monthly by the Chilean government to calculate taxes, fines, and certain benefits. It serves a...

Measure that shows how much and how often the price of an asset changes over a period of time. In simple terms, it indicates how sharply prices rise a...