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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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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W-8BEN Form

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

The famous greenback our friends in the US use as currency.
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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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Professional Client

An investor that is able to meet several regulatory criteria.
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Year to Date (YTD)

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

An investment strategy in which money is put into a variety assets.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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