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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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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W-8BEN Form

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

Learn what a margin call stands for in financial terms.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Withholding Tax

A tax deduction made at the source of the payment.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Beta

Learn what Beta stands for in finance.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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