What is a 'Ponzi Scheme'? Definition & meaning

More terms

Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).

Total Return

This is the measurement of a fund’s performance in a specific period.

Yield curve

A graphical representation of interest rates over time

Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

UK Treasury bill

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

Bull market

We explain what a 'bull market' means

Year to Date (YTD)

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

Yield to maturity (YTM)

What is yield to maturity and why is it useful?

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

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Ponzi Scheme