What is 'NYSE'? | Freetrade Dictionary

More terms

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.

Income statement

A summary of a company's income and expenses over a set period of time.

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

Withholding Tax

A tax deduction made at the source of the payment.

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

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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