What are 'costs and charges'? Definition & meaning

More terms

Exchange-Traded Fund (ETF)

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

Money laundering

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

Depository

We look at what is a depository and what role they play in keeping markets work.

Rate of Return

Profit on an investment, expressed as a percentage of the investment.

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

Yield

Income from an investment as a percentage of its current price.

Base rate

What's the base rate?

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

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Costs and Charges