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

Margin call

Learn what a margin call stands for in financial terms.
Read more

Accounting standards

The rules a company follows when preparing financial statements.
Read more

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.
Read more

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
Read more

United States Dollar (USD)

The famous greenback our friends in the US use as currency.
Read more

NASDAQ

A US stock exchange specialising in the shares of technology companies.
Read more

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.
Read more

Depository

We look at what is a depository and what role they play in keeping markets work.
Read more

American Depository Receipt (ADRs)

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

You’re just minutes away from commission-free investing

When you invest, your capital is at risk