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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.

More terms

Unicorn

A startup valued at over £1 billion. They are rare, hence the name.

Leverage

A method of trading using borrowed money that usually involves a very high level of risk.

ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.

Account balance

The amount of money a user has stored in a financial repository.

Rate of Return

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

52-week high/low

The highest, or lowest, price a share has traded at in a passing year.

Global Investment Performance Standards (GIPS)

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

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Dirty price

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

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