Time Value of Money

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

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

The annual interest payment (dividend) divided by the current market price of a bond.

A way of calculating compound returns on an investment or savings over a set period of time.

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

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.

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

The currency exchange rate a bank quotes, valid with immediate effect.

A method of trading using borrowed money that usually involves a very high level of risk.