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

More terms

Alpha

The percentage by which an investor outperforms a relevant benchmark.

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.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

Capital

Learn what financial capital means

Income statement

A summary of a company's income and expenses over a set period of time.

Wall Street

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

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

Stock Exchange

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

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Key Information Document (KID)