Volatility

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

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

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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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Time Value of Money

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

The rules a company follows when preparing financial statements.
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Unicorn

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

What's the base rate?
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Over-The-Counter (OTC)

A security that is sold outside of an exchange.
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Securities

Bonds and stocks.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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