Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.

A set of standards which investors use to present their investment results.

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Money laundering

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

Understand what compound interest means and how it's calculated
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Yield curve

A graphical representation of interest rates over time
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Profit and Loss Statement (P&L)

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

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Rate of Return

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

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