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Ponzi Scheme

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

Compound interest

Understand what compound interest means and how it's calculated

Oligopoly

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

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Junk Bond

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

Running yield

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

Gilt

What is a gilt?

Fundamentals

The data or information that is likely to impact a company's stock price.

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

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