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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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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Earnings per share

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

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

The annual interest payment (dividend) divided by the current market price of a bond.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Costs and Charges

The money you pay when investing.
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