Brent crude – also referred to as Brent blend – is one of three major oil benchmarks used by those trading oil contracts, futures, and derivatives. The other two major benchmarks are West Texas Intermediate (WTI) and Dubai/Oman, though there are many smaller oil varieties traded as well.

 

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Basis point - a designation of the unit of measurement by which changes between two percent are calculated - it can also be called "bp", which means "bip" or "beep" in English. The value of the base point is one-hundredth of one percent or 0.01 percent.

 

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Broker - a third-party independent entity or company that organizes and implements transactions on behalf of the other party. They have a variety of different asset classes at their disposal, including stocks, forex, real estate, and insurance. Typically, the broker will charge a fee for completing the order.

 

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Acquisition of a financial instrument implies a transfer of title to it from another person, both in respect of goods and in respect of shares or other assets.

 

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Bonds are a form of financial investment that consists of providing money to an institution for a specific period of time. Depending on the type of institution to which you are lending money to, they are usually issued in two ways: commercial bonds and government bonds.

 

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