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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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Zero-Sum Game

A situation in which one person's gain is another's loss.
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Beta

Learn what Beta stands for in finance.
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Professional Client

An investor that is able to meet several regulatory criteria.
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United States Dollar (USD)

The famous greenback our friends in the US use as currency.
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Stock Exchange

A physical/digital place where stockbrokers and traders can buy and sell securities.
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Conventional gilts

Gilts where the dividends and principal repayments are fixed in nominal terms. This is as opposed to an index-linked gilt where the dividends and principal repayments are related to movements in the Retail Prices Index (RPI).
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Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.
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Withholding Tax

A tax deduction made at the source of the payment.
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