Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Venture Capital Trust (VCT)

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

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

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Lock-up period

The period after an IPO when insiders have to sit on their hands and can’t sell their shares.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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