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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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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Professional Client

An investor that is able to meet several regulatory criteria.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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