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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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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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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Hypothesis Testing

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

The money you pay when investing.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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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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Net asset value

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

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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