Book cost
The amount you paid for an investment. This includes all charges that apply to the investment, such as stamp duty and dealing charges. By comparing ‘Book cost’ with ‘Value’, you can see whether the investment has gone up or down since you bought it, and by how much.
When you sell an investment, the book cost is used to calculate any gains or losses you make.
Popular terms
Market auction
A market auction refers to the process where buyers and sellers place orders to buy or sell investments, with those...
Fair Value Assessment (FVA)
A check on whether an investor receives a reasonable benefit from an investment product or service for the price they...
Aquis Stock Exchange
An alternative junior marketplace to the Alternative Investment Market (AIM), offering a place for small and typically less mature...