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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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Yield curve

A graphical representation of interest rates over time
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Bond

Learn what a bond is
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Professional Client

An investor that is able to meet several regulatory criteria.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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