Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

The concept that money you have now is more valuable than the same sum in the future.

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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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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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S&P 500

Find out what is the definition of the S&P 500 index.
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Zero-Sum Game

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

A graphical representation of interest rates over time
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Stock Market

A place where shares of publicly listed companies are traded.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Conditional dealing

Trading in new shares before they’re officially admitted to the exchange, on the condition that admission goes ahead.
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