What is 'money laundering'? Definition & meaning

More terms

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Maturity value

What's the maturity value of a bond?

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

NYSE

The world's largest stock exchange. Wall St HQ.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

Dirty price

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

Money laundering