Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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Fundamentals

The data or information that is likely to impact a company's stock price.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Income statement

A summary of a company's income and expenses over a set period of time.
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Stock Exchange

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

Going public without the traditional IPO. Existing shares, straight onto the exchange, no new money raised.
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Net asset value

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

A listed company run by a fund manager, investing mainly in private companies.e.
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Formal admission

The moment new shares are officially admitted to the stock exchange and open to trading for everyone.
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