OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.

Unique to the UK, these funds pool together money to invest from multiple investors.

More terms

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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Earnings per share

We look at what earnings per share mean and how to calculate it
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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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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Nominal amount

The face value of a gilt. It represents the amount that will be repaid to the holder at maturity and is also used to calculate the dividend or coupon payment.
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Maturity value

What's the maturity value of a bond?
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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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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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Capital

Learn what financial capital means
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