Dictionary
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Running yield

Running yield

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

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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Costs and Charges

The money you pay when investing.
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Unicorn

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

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.
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Investment Trust

A company that pools money together from multiple investors and then invests it.
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Maturity value

What's the maturity value of a bond?
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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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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Spot Rate

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