Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.

The money a firm is left with from sales after subtracting taxes and different business costs.

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Total Return

This is the measurement of a fund’s performance in a specific period.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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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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S&P 500

Find out what is the definition of the S&P 500 index.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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