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OEIC

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.

More terms

Time Value of Money

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

Securities

Bonds and stocks.

Gilt

What is a gilt?

NASDAQ

A US stock exchange specialising in the shares of technology companies.

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

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.

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Money laundering

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

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