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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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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IPO

When a private company sells shares to the public for the first time. Its stock market debut, basically.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Bookbuilding

How banks work out what investors will pay for shares before an IPO, one order at a time.
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NASDAQ

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

The data or information that is likely to impact a company's stock price.
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Rate of Return

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

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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