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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index-linked gilts

Gilts where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI). This is as opposed to a conventional gilt, where the dividends and principal repayments are fixed in nominal terms.
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Custodian bank

Learn what a custodian bank is.
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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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Net asset value

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

A method of trading using borrowed money that usually involves a very high level of risk.
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Capital

Learn what financial capital means
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Beta

Learn what Beta stands for in finance.
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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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