Over-The-Counter (OTC)

A security that is sold outside of an exchange.

A security that is sold outside of an exchange.

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Balance sheet

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

Learn what Beta stands for in finance.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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Compound interest

Understand what compound interest means and how it's calculated
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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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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