NYSE

The world's largest stock exchange. Wall St HQ.

The world's largest stock exchange. Wall St HQ.

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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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United States Dollar (USD)

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

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

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

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

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

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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