What is 'Over-The-Counter (OTC)'? | Freetrade Dictionary

More terms

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Hedge Fund

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

Withholding Tax

A tax deduction made at the source of the payment.

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Professional Client

An investor that is able to meet several regulatory criteria.

Yield to maturity

What is yield to maturity and why is it useful?

Over-The-Counter (OTC)