Dirty price

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

What's the base rate?

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

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

Learn what a custodian bank is.

Learn what financial capital means

The rules a company follows when preparing financial statements.