Dictionary
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Exchange-Traded Fund (ETF)

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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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Base rate

What's the base rate?
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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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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Stock Exchange

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