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Dictionary
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Money laundering
Money laundering
A method of moving money obtained illicitly through the financial system so it can be used legally.
A method of moving money obtained illicitly through the financial system so it can be used legally.
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LSE
London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Yield to maturity
What is yield to maturity and why is it useful?
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Nominal amount
The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Spot Rate
The currency exchange rate a bank quotes, valid with immediate effect.
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Costs and Charges
The money you pay when investing.
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Real Estate Investment Trust (REIT)
An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Professional Client
An investor that is able to meet several regulatory criteria.
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Equity
The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Equity ETF
An exchange-traded fund that is comprised of a set of stocks.
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