Glossary

An index fund is a pooled investment vehicle designed to track the performance of a specific market benchmark, such as a broad stock or bond index, rather than trying to beat it.

Inflation is the rate at which the general level of prices for goods and services rises over time, gradually reducing the purchasing power of money.

Investor protection refers to the rules, structures, and safeguards designed to keep account holders' money and interests secure when dealing with financial firms and markets.

An IPO (Initial Public Offering) is the first time a private company sells shares to the public, listing its stock on an exchange so anyone with a brokerage account can buy or sell it.