What is a 'hedge fund'? Definition & meaning

More terms

Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.

Income statement

A summary of a company's income and expenses over a set period of time.

Net asset value

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

Account balance

The amount of money a user has stored in a financial repository.

American Depository Receipts (ADRs)

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

Collective investment scheme

Learn what's a collective investment scheme

Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.

Accounting standards

The rules a company follows when preparing financial statements.

Zero-Sum Game

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

Hedge Fund