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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.

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Volatility

A measure of how much the prices of an asset or index vary over time.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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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.
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Maturity value

What's the maturity value of a bond?
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Limit order

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

What is a zero coupon bond?
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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