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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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Stock Market

A place where shares of publicly listed companies are traded.
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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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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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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