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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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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Global Investment Performance Standards (GIPS)

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

Profit on an investment, expressed as a percentage of the investment.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Account balance

The amount of money a user has stored in a financial repository.
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Compound interest

Understand what compound interest means and how it's calculated
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