Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

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Gilt

What is a gilt?
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Beta

Learn what Beta stands for in finance.
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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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Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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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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Total Return

This is the measurement of a fund’s performance in a specific period.
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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