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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Oligopoly

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

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

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Stock Market

A place where shares of publicly listed companies are traded.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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