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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Total Return

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

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

Profit on an investment, expressed as a percentage of the investment.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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Securities

Bonds and stocks.
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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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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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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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