Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.

A means of calculating the potential future return on an investment.

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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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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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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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W-8BEN Form

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

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Spot Rate

The currency exchange rate a bank quotes, valid with immediate effect.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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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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Bond

Learn what a bond is
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