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
Growth stocks
These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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.