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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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
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Bed & ISA

Understand what Bed and ISA is and how it works
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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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Collective investment scheme

Learn what's a collective investment scheme
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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