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Ponzi Scheme

Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

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Capital

Learn what financial capital means
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Running yield

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

Profit on an investment, expressed as a percentage of the investment.
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