Free Trade

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

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

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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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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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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Unicorn

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

A mathematical test used to determine whether a claim is true or false.
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Collective investment scheme

Learn what's a collective investment scheme
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Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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