Dictionary
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Nominal amount

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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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Accounting standards

The rules a company follows when preparing financial statements.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Collective investment scheme

Learn what's a collective investment scheme
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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