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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.

More terms

Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Account balance

The amount of money a user has stored in a financial repository.
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Capital

Learn what financial capital means
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Securities

Bonds and stocks.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Unicorn

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

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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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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