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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Custodian bank

Learn what a custodian bank is.
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Beta

Learn what Beta stands for in finance.
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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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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Capital

Learn what financial capital means
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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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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Rate of Return

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