Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

The increase in the prices of goods and services over time, and the process by which money loses its value.

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Yield curve

A graphical representation of interest rates over time
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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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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Collective investment scheme

Learn what's a collective investment scheme
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Base rate

What's the base rate?
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Diversification

An investment strategy in which money is put into a variety assets.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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