Income statement

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

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

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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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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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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Base rate

What's the base rate?
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Gilt

What is a gilt?
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