Unicorn

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

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

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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Yield curve

A graphical representation of interest rates over time
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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Compound interest

Understand what compound interest means and how it's calculated
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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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Total Return

This is the measurement of a fund’s performance in a specific period.
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Collective investment scheme

Learn what's a collective investment scheme
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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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