Interest Rate

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

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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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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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NYSE

The world's largest stock exchange. Wall St HQ.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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NASDAQ

A US stock exchange specialising in the shares of technology companies.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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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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