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Interest Rate

Interest Rate

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

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

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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Withholding Tax

A tax deduction made at the source of the payment.
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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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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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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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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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