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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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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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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Clean price

The quoted price of a gilt, which excludes accrued interest
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Zero coupon bonds

What is a zero coupon bond?
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Gilt

What is a gilt?
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Capital

Learn what financial capital means
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Yield

Income from an investment as a percentage of its current price.
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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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