List of Glossary Terms
The PDSnet Glossary of Terms contains definitions and explanations for over 2600 financial market terms. These definitions are constantly kept up-to-date with current topical examples from the markets. They are also updated for changes in legislation and current events like COVID19 and the July 2021 civil unrest.
The terms in the Glossary are directly linked to all PDSnet articles, confidential reports, lecture modules and other material. This means that a client reading one of our publications can immediately see which terms are defined in the Glossary and click through to read the definition. Terms within the definitions in the glossary are similarly linked, which gives the Glossary an enormous educational depth share market investors.
| QE |
The policy of major Western countries to increase their money supply to stimulate growth as part of their monetary policy. Quantitative... read more |
| QES |
This is a report produced every quarter by Statistics South Africa which collects and collates information on employment from 20 000 VAT-registered formal businesses. In this regard it differs... read more |
| QLFS |
The quarterly labour force survey (QLFS) is a survey of 30 000 households from all sectors of the economy is produced every three months by Statistics South... read more |
| QT |
The reduction in the size of a central bank's (especially the US Federal Reserve Bank or the "Fed") balance sheet in order to control inflationary... read more |
| QUALIFIED AUDIT REPORT |
Where the audit report in a company's financial statements contains a proviso. The auditors state that "the company's financials fairly... read more |
| QUALITY OF EARNINGS |
The quality of a company's earnings is measured by their consistency. An earnings growth of about 15% per annum is ideal from an investors viewpoint. If a company can sustain this for many years,... read more |
| QUANTITATIVE ANALYSIS |
The analysis of the prices of securities and their derivative instruments with the objective of developing a profitable trading strategy, often using program trading. Quantitative analysis involes... read more |
| QUANTITATIVE ANALYST |
An individual who specialises in quantitative analysis of shares and other investment instruments such as derivatives. With the advent of high-speed computers, a profession of analysts has arisen... read more |
| QUANTITATIVE EASING |
The policy of major Western countries to increase their money supply to stimulate growth as part of their monetary policy. Quantitative... read more |
| QUANTITATIVE TIGHTENING |
The reduction in the size of a central bank's (especially the US Federal Reserve Bank or the "Fed") balance sheet in order to control inflationary... read more |
| QUARTERLY BULLETIN |
The Reserve Bank's quarterly report-back on the state of the economy. This document makes a very interesting read for the private investor because it gives a very credible overview of the economy... read more |
| QUARTERLY EMPLOYMENT STATISTICS |
This is a report produced every quarter by Statistics South Africa which collects and collates information on employment from 20 000 VAT-registered formal businesses. In this regard it differs... read more |
| QUARTERLY LABOUR FORCE SURVEY |
The quarterly labour force survey (QLFS) is a survey of 30 000 households from all sectors of the economy is produced every three months by Statistics South... read more |
| QUARTERLY REPORT |
In America and other countries, listed companies are required to report their financials every 3 months. In South Africa, listed companies are only required to report twice a year... read more |
| QUASI-GOVERNMENT ORGANISATION |
An organisation which is controlled by the government but is not directly a government department. Such organisations include state-owned enterprises (SOE) provincial governments and municipalities.... read more |
| QUICK RATIO |
Indicates a company's financial strength; a company's cash and equivalent divided by current liabilities. This ratio is somewhat more stringent that the "acid test" ratio which includes all current... read more |
| QUOTA |
The imposition by government of a limit on the amount of a certain product that can be produced. Government's sometimes decide that the unlimited production of certain products is not in the... read more |
| QUOTATION |
The actual price or the bid or ask price of either cash commodities or futures or options contracts at a particular time. |
| QUOTED |
A security whose prices are quoted on the price page of the newspaper. Not all listed securities are quoted. For example, preference shares are usually not quoted, unless they are either convertible... read more |
| QUOTRON |
A proprietary financial data service. |