What is 'money laundering'? Definition & meaning

More terms

Wall Street

A street in New York that became a figure of speech for the financial markets of the US.

Maturity value

What's the maturity value of a bond?

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

Fixed Income

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

Time Value of Money

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

Account balance

The amount of money a user has stored in a financial repository.

Investment Trust

A company that pools money together from multiple investors and then invests it.

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

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Money laundering