What is an 'OEIC'? Definition & meaning

More terms

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.

index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

Zero-Sum Game

A situation in which one person's gain is another's loss.

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.

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.

Rate of Return

Profit on an investment, expressed as a percentage of the investment.

Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

SPAC

Find our what a SPAc or special purpose acquisition company is.

OEIC