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

Yield to maturity (YTM)

What is yield to maturity and why is it useful?
Read more

Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
Read more

Net Income (NI)

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

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
Read more

Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
Read more

Limit order

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

Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
Read more

Prospectus

The official document a company publishes before selling shares to the public. Long, detailed, and worth a read.
Read more

After-hours trading

Trading outside of a stock exchange's opening hours.
Read more

You're just minutes away from commission-free investing

Capital at risk. Other charges may apply.