Over-The-Counter (OTC)

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

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

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

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

We explain what a 'bull market' means

When a private company sells shares to the public for the first time. Its stock market debut, basically.

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

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

Bonds and stocks.