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

More terms

Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

Zero coupon bonds

What is a zero coupon bond?

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

OEIC

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

Custodian bank

Learn what a custodian bank is.

DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.

Gilt

What is a gilt?

Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

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Internal Rate of Return (IRR)