Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.

A listed company run by a fund manager, investing mainly in private companies.e.

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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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Spot Rate

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

Learn what quick ratio stands for in financial terms and how to calculate it.
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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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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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S&P 500

Find out what is the definition of the S&P 500 index.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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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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Bull market

We explain what a 'bull market' means
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