What is '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.

More terms

Xetra

A trading venue operated by the Frankfurt Stock Exchange.

Base rate

What's the base rate?

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.

Depository

We look at what is a depository and what role they play in keeping markets work.

Margin call

Learn what a margin call stands for in financial terms.

Yield

Income from an investment as a percentage of its current price.

Real Estate Investment Trust (REIT)

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

Zero-Sum Game

A situation in which one person's gain is another's loss.

Accounting standards

The rules a company follows when preparing financial statements.

You’re just minutes away from commission-free investing

open an isa

When you invest, your capital is at risk

Freetrade does not provide investment advice and individual investors should make their own decisions or seek professional advice. The value of investments can go down as well as up and you may receive back less than your original investment. Freetrade is a trading name of Freetrade Limited, which is a member firm of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales (no. 09797821).