Running yield

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

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Yield to maturity

What is yield to maturity and why is it useful?
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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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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Value stocks

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

Find our what a SPAc or special purpose acquisition company is.
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Bond

Learn what a bond is
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Bull market

We explain what a 'bull market' means
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Geometric Mean Return

A way of calculating compound returns on an investment or savings over a set period of time.
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