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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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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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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Formal admission

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.
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IPO

When a private company sells shares to the public for the first time. Its stock market debut, basically.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Costs and Charges

The money you pay when investing.
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Conditional dealing

Trading in new shares before they’re officially admitted to the exchange, on the condition that admission goes ahead.
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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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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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