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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Limit order

Learn what a limit order is and how to use it to make the most of your portfolio.
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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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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Time-Weighted Rate of Return (TWRR)

A return calculated over the time period invested, that excludes extraneous elements, such as deposits to and withdrawals from the investment accounted.
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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Venture Capital Trust (VCT)

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

The quoted price of a gilt, which excludes accrued interest
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Rate of Return

Profit on an investment, expressed as a percentage of the investment.
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Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.
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