Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

The increase in the prices of goods and services over time, and the process by which money loses its value.

More terms

Account balance

The amount of money a user has stored in a financial repository.
Read more

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.
Read more

Arithmetic Mean

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

Dirty price

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

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
Read more

Collective investment scheme

Learn what's a collective investment scheme
Read more

Time Value of Money

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

Interest Rate

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

Yield to maturity (YTM)

What is yield to maturity and why is it useful?
Read more

You’re just minutes away from commission-free investing

When you invest, your capital is at risk