OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

Unique to the UK, these funds pool together money to invest from multiple investors.

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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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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S&P 500

Find out what is the definition of the S&P 500 index.
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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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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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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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Spot Rate

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

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

The money a firm is left with from sales after subtracting taxes and different business costs.
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