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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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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United States Dollar (USD)

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

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Collective investment scheme

Learn what's a collective investment scheme
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Direct listing

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.
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