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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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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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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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Securities

Bonds and stocks.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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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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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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