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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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Total Return

This is the measurement of a fund’s performance in a specific period.
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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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Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Income statement

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