Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

A period of time that starts with the first day of the current calendar year and ends with today.

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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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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Yield

Income from an investment as a percentage of its current price.
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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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SPAC

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

The percentage by which an investor outperforms a relevant benchmark.
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Geometric Mean Return

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

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