Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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