What is 'Internal Rate of Return (IRR)'?

More terms

Diversification

An investment strategy in which money is put into a variety assets.

Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.

Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.

Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.

OEIC

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

Bond

Learn what a bond is

Spot Rate

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

Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

Key Information Document (KID)

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

Internal Rate of Return (IRR)