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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

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

Hypothesis Testing

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

Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.

Fundamentals

The data or information that is likely to impact a company's stock price.

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

Spot Rate

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

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Running yield

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

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