What is the 'NYSE'? Definition & meaning

More terms

Diversification

An investment strategy in which money is put into a variety assets.

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

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.

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

Profit and Loss Statement (P&L)

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

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

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.

NYSE