What is 'Ponzi Scheme'? | Freetrade Dictionary

More terms

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

After-hours trading

Trading outside of a stock exchange's opening hours.

Free Trade

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

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

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.

Annualised Rate of Return

The average annual return an investor sees over a set period of time.

NASDAQ

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

Ponzi Scheme