Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

The value of a company's assets relative to the number of shares it has.

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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Leverage

A method of trading using borrowed money that usually involves a very high level of risk.
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Quantitative easing

Find out what quantitative easing is and how central banks use this monetary measure to encourage economic growth.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Zero-Sum Game

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