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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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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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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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Accounting standards

The rules a company follows when preparing financial statements.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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