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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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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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Base rate

What's the base rate?
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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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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Beta

Learn what Beta stands for in finance.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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