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Know Your Customer (KYC)

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.

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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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Collective investment scheme

Learn what's a collective investment scheme
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Running yield

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

What is a zero coupon bond?
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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