Course glossary
Here are some worlds which should be familiar for you till the end of the course, try to cover them when you will have free time.
Browse the glossary using this index
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Y |
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YieldThe income from an investment. Calculated by taking the annual dividend or interest payment, multiplying by 100 and dividing by the current market price. | |
Z |
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Zombie fundsMore formally these are called closed funds. It’s a name given to a closed with-profits fund that no longer accepts new business until the existing policies mature. | |