What are 'Global Investment Performance Standards (GIPS)'? Definition & meaning

More terms

Ponzi Scheme

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

Oligopoly

A situation in which a market or industry is controlled by a small group of companies.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Profit and Loss Statement (P&L)

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

Professional Client

An investor that is able to meet several regulatory criteria.

Margin call

Learn what a margin call stands for in financial terms.

Global Investment Performance Standards (GIPS)