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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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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Collective investment scheme

Learn what's a collective investment scheme
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Bond

Learn what a bond is
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