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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

Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.

Bed & ISA

Understand what Bed and ISA is and how it works

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

Rate of Return

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

NYSE

The world's largest stock exchange. Wall St HQ.

Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

Unicorn

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

Maturity value

What's the maturity value of a bond?

Zero coupon bonds

What is a zero coupon bond?

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