What is the 'geometric mean return'? Definition & meaning

More terms

Free Trade

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

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.

Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.

Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.

Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.

United States Dollar (USD)

The famous greenback our friends in the US use as currency.

Geometric Mean Return