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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Diversification

An investment strategy in which money is put into a variety assets.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Beta

Learn what Beta stands for in finance.
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Bed & ISA

Understand what Bed and ISA is and how it works
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Unicorn

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

Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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