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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Unicorn

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

What is a zero coupon bond?
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Arithmetic Mean

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

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Securities

Bonds and stocks.
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Bull market

We explain what a 'bull market' means
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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