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Year to Date (YTD)

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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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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NYSE

The world's largest stock exchange. Wall St HQ.
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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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Net asset value

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

The percentage by which an investor outperforms a relevant benchmark.
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Arithmetic Mean

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.
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Dividends

Find out what dividends are and how they can contribute to the growth of your investment portfolio.
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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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