Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.

A document issued by an investment fund to help investors determine if it's the right fund for them.

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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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Wall Street

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

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Compound interest

Understand what compound interest means and how it's calculated
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Interest Rate

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