What is financial spread betting

Encountering new words is exciting at the same time mind blowing. We can’t always expect ourselves or other people to know all the words provided in the dictionary. And this is the main reason why they consider learning as a continuous process even after a student or a person graduate from high school or college (depending on the highest achieved degree level of the person). I am a fresh graduate as a teacher and I happen to tutor a accountancy student. We were simply talking about the topics that we really need to tackle when he suddenly asked me what is financial spread betting? I was shocked, for I have never encountered that term before. I went online and search for it and found out that financial spread betting is a leverage tool wherein the investor can invest without taking ownership of the investment itself. I considered it as more or less a secret investment. 

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