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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Stock Market

A place where shares of publicly listed companies are traded.
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Costs and Charges

The money you pay when investing.
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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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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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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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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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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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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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