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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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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Bed & ISA

Understand what Bed and ISA is and how it works
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Accounting standards

The rules a company follows when preparing financial statements.
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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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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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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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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.
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