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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Unicorn

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

A graphical representation of interest rates over time
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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.
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Bull market

We explain what a 'bull market' means
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Limit order

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