FIFO
First In, First Out. A method of matching buy and sell trades where the earliest purchased shares are considered sold first. UseMoney uses FIFO for trade pairing.
Related Terms
Ask Price
The lowest price at which a seller is willing to sell a security. Also called the offer price. The d...
Average Price
The weighted average cost at which you purchased shares of a stock, calculated by dividing total cos...
Basis Point
One-hundredth of a percentage point (0.01%). Used to describe small changes in interest rates, yield...
Beta
A measure of a stock's volatility relative to the overall market. Beta of 1 means the stock moves wi...
Bid Price
The highest price a buyer is willing to pay for a security. Together with the ask price, it forms th...
Brokerage
The commission or fee charged by a broker for executing buy or sell orders. Discount brokers in Indi...