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Internal Rate of Return (IRR)

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.

More terms

Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.

Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.

Unicorn

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

Accounting standards

The rules a company follows when preparing financial statements.

Net asset value

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

Bed & ISA

Understand what Bed and ISA is and how it works

Inflation

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

Gilt

What is a gilt?

Key Information Document (KID)

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

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