What is 'Ponzi Scheme'? | Freetrade Dictionary

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

More terms

Learn what a limit order is and how to use it to make the most of your portfolio.

Mutual funds and investment trusts are priced on their net asset value (NAV).

A US stock exchange specialising in the shares of technology companies.

The money a firm is left with from sales after subtracting taxes and different business costs.

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

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Understand what Bed and ISA is and how it works