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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Securities

Bonds and stocks.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Beta

Learn what Beta stands for in finance.
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Compound interest

Understand what compound interest means and how it's calculated
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Maturity value

What's the maturity value of a bond?
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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