Financial dictionary

Term	Definition
Share	A share is a unit of ownership in an investment fund or company. In the case of investment funds, it represents a portion of the total assets of a fund that belongs to an investor. The value of a share fluctuates depending on the fund's performance and the value of its assets. In the case of company stocks, it represents an ownership stake in the company, giving the shareholder the right to participate in its profits (such as through dividends) and vote at annual general meetings.
Share deal	A share deal is a transaction in which the buyer acquires shares or equity interests in the target company, thereby gaining ownership of its assets and liabilities. In a share deal, the transaction does not involve trading individual assets but rather the company itself, meaning all its rights, obligations, contracts, and liabilities are transferred to the new owner. This type of transaction is common in mergers and acquisitions and can be attractive to buyers who wish to maintain existing business relationships and operations of the company.
SPAC	A SPAC (Special Purpose Acquisition Company) is a company created solely for the purpose of raising capital through an initial public offering (IPO) with the intention of later merging with or acquiring an existing private company. A SPAC does not have its own business operations or products; it serves solely as a vehicle for raising funds and bringing a target company public. SPACs are often referred to as "blank check" companies because their only asset is the capital raised from investors. For target companies, merging with a SPAC can be a faster and simpler way to become publicly traded.
Synthetic Risk and Reward Indicator	The Synthetic Risk and Reward Indicator (SRRI) is a standardized tool used to assess the risk profile of an investment fund. This indicator evaluates the risk and potential return of an investment on a scale from 1 to 7, where 1 represents the lowest risk with lower potential returns, and 7 represents the highest risk with potentially higher returns. SRRI helps investors more easily compare different funds and better understand the risks associated with an investment. It is a mandatory part of the Key Investor Information Document (KIID) for all UCITS funds.

Share
Share deal
SPAC
Synthetic Risk and Reward Indicator

The Synthetic Risk and Reward Indicator (SRRI) is a standardized tool used to assess the risk profile of an investment fund. This indicator evaluates the risk and potential return of an investment on a scale from 1 to 7, where 1 represents the lowest risk with lower potential returns, and 7 represents the highest risk with potentially higher returns. SRRI helps investors more easily compare different funds and better understand the risks associated with an investment. It is a mandatory part of the Key Investor Information Document (KIID) for all UCITS funds.