Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

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Yield curve

A graphical representation of interest rates over time
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Know Your Customer (KYC)

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

A way of calculating compound returns on an investment or savings over a set period of time.
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Exchange-Traded Fund (ETF)

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

A mathematical test used to determine whether a claim is true or false.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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