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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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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Account balance

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

What is a gilt?
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Bed & ISA

Understand what Bed and ISA is and how it works
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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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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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