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.

More terms

Xetra

A trading venue operated by the Frankfurt Stock Exchange.
Read more

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
Read more

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
Read more

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
Read more

Geometric Mean Return

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

Zero coupon bonds

What is a zero coupon bond?
Read more

Margin call

Learn what a margin call stands for in financial terms.
Read more

52-week high/low

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

Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk