Conventional gilt

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Fundamentals

The data or information that is likely to impact a company's stock price.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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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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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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