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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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Custodian bank

Learn what a custodian bank is.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Margin call

Learn what a margin call stands for in financial terms.
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Hedge Fund

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

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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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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