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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.

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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Quick ratio

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

The percentage by which an investor outperforms a relevant benchmark.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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