What is 'OEIC'? | 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.

Ponzi Scheme

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

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

Total Return

This is the measurement of a fund’s performance in a specific period.

Stock Market

A place where shares of publicly listed companies are traded.

Oligopoly

A situation in which a market or industry is controlled by a small group of companies.

S&P 500

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

Net Income (NI)

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

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.

OEIC