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Venture Capital Trust (VCT)

Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

A listed company run by a fund manager, investing mainly in private companies.e.

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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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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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Margin call

Learn what a margin call stands for in financial terms.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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S&P 500

Find out what is the definition of the S&P 500 index.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Collective investment scheme

Learn what's a collective investment scheme
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Spot Rate

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