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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

Hypothesis Testing

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

Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

Dirty price

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

Volatility

A measure of how much the prices of an asset or index vary over time.

Money laundering

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

Yield

Income from an investment as a percentage of its current price.

Global Investment Performance Standards (GIPS)

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

Oligopoly

A situation in which a market or industry is controlled by a small group of companies.

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.

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