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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After-hours trading

Trading outside of a stock exchange's opening hours.
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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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Bond

Learn what a bond is
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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