What is an 'OEIC'? Definition & meaning

More terms

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.

Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.

Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.

Maturity value

What's the maturity value of a bond?

Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.

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.

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OEIC