What is 'Know Your Customer (KYC)'? Definition & meaning

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

More terms

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.

The annual interest payment (dividend) divided by the current market price of a bond.

The money you pay when investing.

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

What's the base rate?

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

The rules a company follows when preparing financial statements.

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

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.