Oligopoly

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

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

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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Gilt

What is a gilt?
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Time Value of Money

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

The money you pay when investing.
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Diversification

An investment strategy in which money is put into a variety assets.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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