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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

Technical Analysis

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

Quick ratio

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

Annualised Rate of Return

The average annual return an investor sees over a set period of time.

Costs and Charges

The money you pay when investing.

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

SPAC

Find our what a SPAc or special purpose acquisition company is.

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.

Accounting standards

The rules a company follows when preparing financial statements.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

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