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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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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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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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Yield to maturity (YTM)

What is yield to maturity and why is it useful?
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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American Depository Receipts (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..
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