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Compound interest

Understand what compound interest means and how it's calculated
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Free Trade

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.
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Net asset value

Mutual funds and investment trusts are priced on their net asset value (NAV).
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Accrued interest

The interest earned on a gilt since the last dividend date. When buying a gilt, the buyer pays the accrued interest at the time of a transaction to the seller in addition to the clean price of the gilt
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