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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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Annualised Rate of Return

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

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
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Bull market

We explain what a 'bull market' means
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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