Spot Rate

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

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

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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Unicorn

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

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Investment Return

The amount of money made or lost from an investment. Usually expressed as a percentage.
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Zero coupon bonds

What is a zero coupon bond?
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Global Investment Performance Standards (GIPS)

A set of standards which investors use to present their investment results.
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