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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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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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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Gilt

What is a gilt?
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Earnings per share

We look at what earnings per share mean and how to calculate it
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Collective investment scheme

Learn what's a collective investment scheme
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Hedge Fund

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