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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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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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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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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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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Venture Capital Trust (VCT)

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

We explain what a 'bull market' means
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Income statement

A summary of a company's income and expenses over a set period of time.
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