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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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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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.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Costs and Charges

The money you pay when investing.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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