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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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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