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.

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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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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Profit and Loss Statement (P&L)

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

Learn what financial capital means
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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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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Clean price

The quoted price of a gilt, which excludes accrued interest
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Total Return

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