Zero-Sum Game

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

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

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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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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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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Beta

Learn what Beta stands for in finance.
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Costs and Charges

The money you pay when investing.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Accounting standards

The rules a company follows when preparing financial statements.
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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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Professional Client

An investor that is able to meet several regulatory criteria.
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