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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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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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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Custodian bank

Learn what a custodian bank is.
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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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Collective investment scheme

Learn what's a collective investment scheme
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Capital

Learn what financial capital means
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