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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

Volatility

A measure of how much the prices of an asset or index vary over time.

Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.

Quick ratio

Learn what quick ratio stands for in financial terms and how to calculate it.

Stock Market

A place where shares of publicly listed companies are traded.

UK Treasury bill

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

Clean price

The quoted price of a gilt, which excludes accrued interest

Running yield

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

Synthetic ETFs

An ETF that that reproduces the return of an index through the use of swaps.

Hypothesis Testing

A mathematical test used to determine whether a claim is true or false.

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