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

More terms

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.

Stock Exchange

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

Yield to maturity (YTM)

What is yield to maturity and why is it useful?

Accounting standards

The rules a company follows when preparing financial statements.

Global Investment Performance Standards (GIPS)

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

Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.

Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.

Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

After-hours trading

Trading outside of a stock exchange's opening hours.

Internal Rate of Return (IRR)