Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

The concept that money you have now is more valuable than the same sum in the future.

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Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.
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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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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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Volatility

A measure of how much the prices of an asset or index vary over time.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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Year to Date (YTD)

A period of time that starts with the first day of the current calendar year and ends with today.
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Depository

We look at what is a depository and what role they play in keeping markets work.
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LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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