Year to Date (YTD)

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

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

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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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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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Collective investment scheme

Learn what's a collective investment scheme
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Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Unit Trusts

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.
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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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