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

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

Learn what financial capital means

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

The concept that money you have now is more valuable than the same sum in the future.

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

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

Bonds and stocks.

The money a firm is left with from sales after subtracting taxes and different business costs.

A set of standards which investors use to present their investment results.