Clean price

A method of moving money obtained illicitly through the financial system so it can be used legally.

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

The period after an IPO when insiders have to sit on their hands and can’t sell their shares.

A summary of a company's finances, including its assets, liabilities and shareholder equity.

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

The money a firm is left with from sales after subtracting taxes and different business costs.

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Unique to the UK, these funds pool together money to invest from multiple investors.

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.