Gross Margin

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

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

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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Accounting standards

The rules a company follows when preparing financial statements.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Yield curve

A graphical representation of interest rates over time
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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).
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Diversification

An investment strategy in which money is put into a variety assets.
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S&P 500

Find out what is the definition of the S&P 500 index.
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