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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

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.

Gilt

What is a gilt?

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Money laundering

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

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.

Geometric Mean Return

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

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