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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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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IPO

When a private company sells shares to the public for the first time. Its stock market debut, basically.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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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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Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.
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Professional Client

An investor that is able to meet several regulatory criteria.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Zero coupon bonds

What is a zero coupon bond?
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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