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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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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Lock-up period

The period after an IPO when insiders have to sit on their hands and can’t sell their shares.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Beta

Learn what Beta stands for in finance.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Float

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.
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Margin call

Learn what a margin call stands for in financial terms.
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