Brexit: United Kingdom's termination of membership from the European Union.
Eva: Economic Value Added. An estimate of firm's economic profit - being the value created in excess of the required return of the company's investors (being shareholders and debt holders). Quite simply, EVA is the profit earned by the firm less the cost of financing the firm's capital.
Nifty Fifty: The 50 stocks that were most favored by institutional investors in the 1960s and 1970s. Characterized by consistent earnings growth and high price/earnings valuation.
Return on Capital: A measure of return for equity capital provides. Net income divided by average total equity.
P/E multiple: Price to earnings (P/E) multiple is a valuation ratio that indicates how much an investor is paying for a dollar of company net income earnings.
M&A: Mergers and acquisitions.