Rate of Return

Profit on an investment, expressed as a percentage of the investment.

Profit on an investment, expressed as a percentage of the investment.

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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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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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Bull market

We explain what a 'bull market' means
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Synthetic ETFs

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

The data or information that is likely to impact a company's stock price.
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