What is the 'Key Information Document (KID)'? Definition & meaning

More terms

Profit and Loss Statement (P&L)

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

Bed & ISA

Understand what Bed and ISA is and how it works

Investment Trust

A company that pools money together from multiple investors and then invests it.

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Dirty price

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

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.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

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Key Information Document (KID)