Exchange-Traded Fund (ETF)

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

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

More terms

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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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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Professional Client

An investor that is able to meet several regulatory criteria.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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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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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Compound interest

Understand what compound interest means and how it's calculated
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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