Financial glossary
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A - C D - N O - Z

Amortization of a debt or a loan :
The gradual reimbursement of a debt or a loan through regular payments over a specified period of time.

Assets :
All items of economic value, such as property, goods and rights, owned by a company.

Balance sheet :
A snapshot of a company's assets and liabilities at a specific point in time.

Bearer share :
A certificate representing one unit of ownership in a company, whose owner's name is not registered.

Bond :
A debt instrument representing a share of a loan issued by a government, an institution or a corporation. Bondholders are paid interest (known as a "coupon") over the life of the loan.

CAC 40 :
The CAC 40 is the benchmark index on the Euronext Paris stock market. Made up of the 40 largest French stocks, the CAC 40 tracks changes in French share prices, like the Dow Jones Industrials Average of the top 30 stocks on the New York Stock Exchange.

Cash flow :
The cash and cash equivalents generated by a company. Cash flow is a measure of a company's ability to finance growth, reimburse debt and pay dividends out of its own funds.