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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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Ponzi Scheme

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.
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Quick ratio

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

Learn what's a collective investment scheme
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Internal Rate of Return (IRR)

A means of calculating the potential future return on an investment.
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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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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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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Bond

Learn what a bond is
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