Hypothesis Testing

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

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

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Accounting standards

The rules a company follows when preparing financial statements.
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Depository

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

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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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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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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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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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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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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