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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Accounting standards

The rules a company follows when preparing financial statements.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Gilt

What is a gilt?
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Global Investment Performance Standards (GIPS)

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

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

A summary of a company's income and expenses over a set period of time.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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