What is 'Internal Rate of Return (IRR)'? Definition & meaning

More terms

Total Return

This is the measurement of a fund’s performance in a specific period.

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

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).

Earnings per share

We look at what earnings per share mean and how to calculate it

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt

Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.

Compound interest

Understand what compound interest means and how it's calculated

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Internal Rate of Return (IRR)