List of Glossary Terms
| 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 Africa. It provides the official unemployment... 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 represent the company's financial position, except for".... 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 easing is the modern equivalent of printing money and injecting... 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 EARNINGS CHANGE |
Historical earnings change between the earnings most recently reported and the quarter preceding. This statistic is much watched in America where companies are required to report financials every... 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 Africa. It provides the official unemployment... read more |
| QUARTERLY NET PROFIT MARGIN |
Net operating earnings after taxes for the latest quarter divided by revenues for the quarter. |
| 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. |