Net Income (NI)

The currency exchange rate a bank quotes, valid with immediate effect.

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.

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

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.

How banks work out what investors will pay for shares before an IPO, one order at a time.

A tax deduction made at the source of the payment.

What is a gilt?

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.

An ETF that that reproduces the return of an index through the use of swaps.