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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Base rate

What's the base rate?
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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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Gross Margin

The difference between a company's revenue and the cost to produce its goods/services, divided by revenue.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.
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Key Information Document (KID)

A document issued by an investment fund to help investors determine if it's the right fund for them.
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Beta

Learn what Beta stands for in finance.
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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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Total Return

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