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Dictionary
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Internal Rate of Return (IRR)
Internal Rate of Return (IRR)
A means of calculating the potential future return on an investment.
A means of calculating the potential future return on an investment.
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Equity ETF
An exchange-traded fund that is comprised of a set of stocks.
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Fixed Income
An investment that provides a fixed rate of return, often over a specific set of time.
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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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LSE
London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Rate of Return
Profit on an investment, expressed as a percentage of the investment.
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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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Money laundering
A method of moving money obtained illicitly through the financial system so it can be used legally.
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Accounting standards
The rules a company follows when preparing financial statements.
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