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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.

More terms

Securities

Bonds and stocks.

Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.

UK Treasury bill

A debt instrument issued by the UK government with a maturity of less than one year.

Accounting standards

The rules a company follows when preparing financial statements.

Investment Trust

A company that pools money together from multiple investors and then invests it.

Holding Period Return

The amount of money generated by an asset during the time that it was held by an investor..

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.

Inflation

The increase in the prices of goods and services over time, and the process by which money loses its value.

Total Return

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

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