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.

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Securities

Bonds and stocks.
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Compound interest

Understand what compound interest means and how it's calculated
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Account balance

The amount of money a user has stored in a financial repository.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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