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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

Account balance

The amount of money a user has stored in a financial repository.

United States Dollar (USD)

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

Diversification

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

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

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.

Junk Bond

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

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

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