Dictionary
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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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Withholding Tax

A tax deduction made at the source of the payment.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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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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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Bull market

We explain what a 'bull market' means
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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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NYSE

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

What is a gilt?
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