Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Investment funds that are often associated with riskier and shorter-term trading strategies.

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Prospectus

The official document a company publishes before selling shares to the public. Long, detailed, and worth a read.
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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Unicorn

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

A way of calculating compound returns on an investment or savings over a set period of time.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Securities

Bonds and stocks.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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ESG investing

ESG is a hot topic right now for investors. Understand what ESG investing is all about and how you can use it to diversify your portfolio.
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