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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

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

SPAC

Find our what a SPAc or special purpose acquisition company is.

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

W-8BEN Form

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

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Collective investment scheme

Learn what's a collective investment scheme

Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.

Hypothesis Testing

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

Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.

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