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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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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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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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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Interest Rate

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

Learn what a custodian bank is.
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Rate of Return

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

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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