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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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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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Withholding Tax

A tax deduction made at the source of the payment.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Stock Exchange

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

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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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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