Fixed Income

The average annual return an investor sees over a set period of time.

A US stock exchange specialising in the shares of technology companies.

An investor that is able to meet several regulatory criteria.

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

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

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

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

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

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.