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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.

More terms

Interest Rate

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

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.

Inflation

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

Beta

Learn what Beta stands for in finance.

Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

Value Investing

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

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

S&P 500

Find out what is the definition of the S&P 500 index.

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