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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Know Your Client


You should. And you are legally bound to do so. Before opening the account, you need to know with whom you are dealing (note the exquisitely proper grammar). And "know your client" also applies to the investment advice that you render. You need to know your client's overall situation to determine the appropriate investment strategy.