Dictionary
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Zero-Sum Game

Zero-Sum Game

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

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

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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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SPAC

Find our what a SPAc or special purpose acquisition company is.
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Alpha

The percentage by which an investor outperforms a relevant benchmark.
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Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.
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Running yield

The annual interest payment (dividend) divided by the current market price of a bond.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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Internal Rate of Return (IRR)

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

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.
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