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Over-The-Counter (OTC)

Over-The-Counter (OTC)

A security that is sold outside of an exchange.

A security that is sold outside of an exchange.

More terms

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Stock Market

A place where shares of publicly listed companies are traded.

Time Value of Money

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

Zero-Sum Game

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

Equity ETF

An exchange-traded fund that is comprised of a set of stocks.

Oligopoly

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

Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.

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