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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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.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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Securities

Bonds and stocks.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Yield curve

A graphical representation of interest rates over time
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Beta

Learn what Beta stands for in finance.
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Fixed Income

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

The money you pay when investing.
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