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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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Compound interest

Understand what compound interest means and how it's calculated
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Gilt

What is a gilt?
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Zero coupon bonds

What is a zero coupon bond?
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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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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LSE

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