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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Stock Market

A place where shares of publicly listed companies are traded.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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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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Total Return

This is the measurement of a fund’s performance in a specific period.
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Growth stocks

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.
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Yield

Income from an investment as a percentage of its current price.
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Maturity value

What's the maturity value of a bond?
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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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Xetra

A trading venue operated by the Frankfurt Stock Exchange.
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