Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

A mathematical test used to determine whether a claim is true or false.

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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Collective investment scheme

Learn what's a collective investment scheme
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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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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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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