Stock Market

A place where shares of publicly listed companies are traded.

A place where shares of publicly listed companies are traded.

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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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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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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Oligopoly

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

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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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.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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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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