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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Clean price

The quoted price of a gilt, which excludes accrued interest
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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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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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Compound interest

Understand what compound interest means and how it's calculated
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Stock Market

A place where shares of publicly listed companies are traded.
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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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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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