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                    <title><![CDATA[ Latest from MoneyWeek in Glossary ]]></title>
                <link>https://moneyweek.com/glossary</link>
        <description><![CDATA[ All the latest glossary content from the MoneyWeek team ]]></description>
                                    <lastBuildDate>Mon, 15 Jan 2024 01:37:23 +0000</lastBuildDate>
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                                                            <title><![CDATA[ What is tracking difference? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/tracking-difference</link>
                                                                            <description>
                            <![CDATA[ Tracking difference is a useful figure to help you understand how a fund or portfolio is performing. ]]>
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                                                                        <pubDate>Mon, 15 Jan 2024 01:37:23 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/5qQoHsXp64j8AoR5Ym57pQ-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[Stock prices chart]]></media:description>                                                            <media:text><![CDATA[Stock prices chart]]></media:text>
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                                                            <title><![CDATA[ Trading terms: The Santa Rally ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/trading-terms-the-santa-rally</link>
                                                                            <description>
                            <![CDATA[ Will the Santa Rally result in its traditional December effect on global markets? ]]>
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                                                                        <pubDate>Sun, 03 Dec 2023 20:03:38 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ Dr Matthew Partridge ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/qjUp8sUkpb34mbfoxxrhKP-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[Santa Claus or Father Christmas with his finger on his lips, saying ssh.]]></media:description>                                                            <media:text><![CDATA[Santa Claus or Father Christmas with his finger on his lips, saying ssh.]]></media:text>
                                <media:title type="plain"><![CDATA[Santa Claus or Father Christmas with his finger on his lips, saying ssh.]]></media:title>
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                                                            <title><![CDATA[ What is a reverse stock split? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/what-is-a-reverse-stock-split</link>
                                                                            <description>
                            <![CDATA[ Companies might undertake a reverse stock split to boost their share prices. We look at what this means for investors. ]]>
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                                                                        <pubDate>Wed, 23 Aug 2023 11:17:22 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (Jacob Wolinsky) ]]></author>                    <dc:creator><![CDATA[ Jacob Wolinsky ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/rPWm2HrSepQZD3tFwyyabT-1280-80.jpg">
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                                                                                                                                                                                                                                    <media:description><![CDATA[What is a reverse stock split? ]]></media:description>                                                            <media:text><![CDATA[What is a reverse stock split? ]]></media:text>
                                <media:title type="plain"><![CDATA[What is a reverse stock split? ]]></media:title>
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                                                            <title><![CDATA[ Lloyd's ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/lloyds</link>
                                                                            <description>
                            <![CDATA[ Lloyd's of London is an international insurance market, which controls and regulates the activities of the groups offering insurance services ]]>
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                                                                        <pubDate>Thu, 11 May 2023 14:14:12 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ Rupert Hargreaves ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/DWGzyvVer95Sb9CQrojfCk-1280-80.jpg">
                                                            <media:credit><![CDATA[© Getty images]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[Street in City of London with modern office buildings]]></media:description>                                                            <media:text><![CDATA[Street in City of London with modern office buildings]]></media:text>
                                <media:title type="plain"><![CDATA[Street in City of London with modern office buildings]]></media:title>
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                                                            <title><![CDATA[ GDP ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/gdp</link>
                                                                            <description>
                            <![CDATA[ Gross domestic product (GDP) is a measure of the total amount of goods and services produced by a country in a specific period of time, usually a year or a quarter. ]]>
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                                                                        <pubDate>Thu, 11 May 2023 13:14:06 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:46:46 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ Rupert Hargreaves ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/8diw5BuScd4F6LNygddYEo-1280-80.jpg">
                                                            <media:credit><![CDATA[© VCG]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[Aerial view of a large number of vehicles waiting for shipment at Lianyungang Port]]></media:description>                                                            <media:text><![CDATA[Aerial view of a large number of vehicles waiting for shipment at Lianyungang Port]]></media:text>
                                <media:title type="plain"><![CDATA[Aerial view of a large number of vehicles waiting for shipment at Lianyungang Port]]></media:title>
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                                                            <title><![CDATA[ MoneyWeek Glossary: The Financial Services Compensation Scheme (FSCS)  ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/fscs</link>
                                                                            <description>
                            <![CDATA[ The Financial Services Compensation Scheme (FSCS) covers bank, building societies and investment accounts, and will pay compensation if the holding institution goes bust. ]]>
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                                                                        <pubDate>Tue, 14 Mar 2023 13:52:05 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:47:32 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/bqcW6sbNjEzrfNnDuAbps-1280-80.jpg">
                                                            <media:credit><![CDATA[© Matthew Horwood]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[A leaflet from the FSCS]]></media:description>                                                            <media:text><![CDATA[A leaflet from the FSCS]]></media:text>
                                <media:title type="plain"><![CDATA[A leaflet from the FSCS]]></media:title>
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                                                            <title><![CDATA[ Laffer Curve ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/605385/laffer-curve</link>
                                                                            <description>
                            <![CDATA[ The Laffer Curve states that the higher you set tax rates, the more you will receive in tax revenues until you hit a certain point. Thereafter, tax revenues will dwindle as tax payers lose the will to work harder. ]]>
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                                                                                                                            <pubDate>Thu, 29 Sep 2022 14:22:01 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Collateralised debt obligation (CDO) ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/604414/collateralised-debt-obligation-cdo</link>
                                                                            <description>
                            <![CDATA[ A collateralised debt obligation (CDO) is a type of financial product – a credit derivative – which is backed by an underlying pool of loans. ]]>
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                                                                                                                            <pubDate>Wed, 02 Feb 2022 15:29:29 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Index provider ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/604102/index-provider</link>
                                                                            <description>
                            <![CDATA[ Stockmarket indices such as the FTSE 100 play a huge role in investment. But where do they come from and who maintains them? ]]>
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                                                                                                                            <pubDate>Fri, 12 Nov 2021 08:58:04 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:47:38 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                    <category><![CDATA[FTSE 100]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Inflation ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/603923/inflation</link>
                                                                            <description>
                            <![CDATA[ Inflation is the rise in the general level of prices in an economy (or a sector of an economy) over a given period of time. It is also sometimes defined as the decline in the purchasing power of each unit of money. ]]>
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                                                                                                                            <pubDate>Wed, 29 Sep 2021 16:34:54 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Revenue reserve ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/603922/revenue-reserve</link>
                                                                            <description>
                            <![CDATA[ Investment trusts can hold back up to 15% of their dividends to build up a revenue reserve, which they can then draw on to maintain their own dividends in years when company payouts fall. ]]>
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                                                                                                                            <pubDate>Wed, 29 Sep 2021 16:30:24 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ What is Bitcoin? ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/investments/alternative-finance/bitcoin/602771/beginners-guide-to-bitcoin-what-is-bitcoin</link>
                                                                            <description>
                            <![CDATA[ Bitcoin can take a little effort to get to grips with. Dominic Frisby explains just what it is, and why you should take notice of it. ]]>
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                                                                        <pubDate>Mon, 01 Mar 2021 08:52:00 +0000</pubDate>                                                                                                                                <updated>Wed, 09 Oct 2024 20:49:58 +0000</updated>
                                                                                                                                            <category><![CDATA[Bitcoin Crypto]]></category>
                                                    <category><![CDATA[Glossary]]></category>
                                                    <category><![CDATA[Investing]]></category>
                                                    <category><![CDATA[Alternative Finance]]></category>
                                                                                                <author><![CDATA[ editor@moneyweek.com (Dominic Frisby) ]]></author>                    <dc:creator><![CDATA[ Dominic Frisby ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/9ti8rnALHiVvvcGZnPty4M-1280-80.jpg">
                                                            <media:credit><![CDATA[© Chesnot/Getty Images]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[Bitcoin]]></media:description>                                                            <media:text><![CDATA[Bitcoin]]></media:text>
                                <media:title type="plain"><![CDATA[Bitcoin]]></media:title>
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                                                            <title><![CDATA[ Resource curse ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/602615/resource-curse</link>
                                                                            <description>
                            <![CDATA[ The term “resource curse” refers to the observation that countries with abundant natural resources also tend to be less economically developed than those with scarcer resources. ]]>
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                                                                                                                            <pubDate>Thu, 14 Jan 2021 09:37:23 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Yield-curve control ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/602541/yield-curve-control</link>
                                                                            <description>
                            <![CDATA[ Yield-curve control is when a central bank aims to control long-term interest rates by pledging to buy (or sell) as many long-term bonds as neededto hold rates at a certain level. ]]>
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                                                                                                                            <pubDate>Fri, 25 Dec 2020 16:10:14 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Intangible assets ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/602055/intangible-assets</link>
                                                                            <description>
                            <![CDATA[ An intangible asset is anything that a company owns that isn’t physical. ]]>
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                                                                                                                            <pubDate>Fri, 25 Sep 2020 06:47:52 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Modern monetary theory (MMT) ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/601655/mmt-modern-monetary-theory</link>
                                                                            <description>
                            <![CDATA[ Modern Monetary theory, or MMT, has become popular on the left, both in the UK and abroad. (Wags say that it stands for "magic money tree".) ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 14 Jul 2020 09:10:54 +0000</pubDate>                                                                                                                                <updated>Mon, 21 Sep 2020 09:10:54 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Barbell strategy ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/601643/barbell-strategy</link>
                                                                            <description>
                            <![CDATA[ A “barbell… investment strategy means weighting a portfolio towards the two extreme ends of an asset class with nothing in the middle. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Wed, 08 Jul 2020 16:58:41 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Real exchange rate ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/601570/real-exchange-rate</link>
                                                                            <description>
                            <![CDATA[ The real exchange rate between two currencies combines the nominal exchange rate with the ratio of the price of goods or services in two different countries. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Fri, 26 Jun 2020 08:50:00 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ FAANG stocks ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/601496/faang-stocks</link>
                                                                            <description>
                            <![CDATA[ The acronym FAANG refers to Facebook, Amazon, Apple, Netflix and Google (Alphabet) – five American companies that have been among the top-performing stocks in recent years. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Fri, 12 Jun 2020 08:00:00 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:45:34 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Quantitative investing ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/spending-it/glossary/601300/quantitative-investing</link>
                                                                            <description>
                            <![CDATA[ Quantitative investing uses sophisticated computer-based mathematical models to identify and carry out trades. ]]>
                                                                                                            </description>
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                                                                        <pubDate>Fri, 08 May 2020 12:17:06 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/7mujaqe3fVXJunY4hbS2zi-1280-80.jpg">
                                                            <media:credit><![CDATA[Marks &amp; Spencer staff and customer © Marks &amp; Spencer]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[Marks &amp;amp; Spencer staff and customer © Marks &amp;amp; Spencer]]></media:description>                                                            <media:text><![CDATA[Marks &amp;amp; Spencer staff and customer © Marks &amp;amp; Spencer]]></media:text>
                                <media:title type="plain"><![CDATA[Marks &amp;amp; Spencer staff and customer © Marks &amp;amp; Spencer]]></media:title>
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                                                            <title><![CDATA[ Margin call ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/603026/margin-call</link>
                                                                            <description>
                            <![CDATA[ When an investor borrows to bet on markets, they put down a deposit known as “margin”. ]]>
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                                                                                                                            <pubDate>Thu, 02 Apr 2020 07:55:00 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:47:05 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Market timing ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/beginners-guides/glossary/600942/market-timing</link>
                                                                            <description>
                            <![CDATA[ Market timing refers to any strategy that involves trying to predict future price movements and shifting between different investments to take advantage of them. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Fri, 06 Mar 2020 07:00:00 +0000</pubDate>                                                                                                                                <updated>Fri, 17 May 2024 15:33:01 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ TLTRO (Targeted Longer-Term Refinancing Operations ) ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/tltro-targeted-longer-term-refinancing-operations</link>
                                                                            <description>
                            <![CDATA[ Targeted Longer-Term Refinancing Operations (TLTRO) is one of the “unconventional” monetary policy tools used by the European Central Bank (ECB). ]]>
                                                                                                            </description>
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                                                                        <pubDate>Mon, 13 May 2019 06:44:14 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/s6RYBxGdBgp8cSuYGKgurF-1280-80.jpg">
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                                                            <title><![CDATA[ Equities – MoneyWeek Glossary ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/beginners-guides/glossary/600836/equities</link>
                                                                            <description>
                            <![CDATA[ Equities, shares and stocks are all names for the individual units that give you a financial interest in a company. ]]>
                                                                                                            </description>
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                                                                        <pubDate>Wed, 13 Feb 2019 14:45:45 +0000</pubDate>                                                                                                                                <updated>Sun, 17 Dec 2023 18:36:33 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/doutSuLFPKfrx6RRUm7YxP-1280-80.jpg">
                                                            <media:credit><![CDATA[REUTERS]]></media:credit>
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                                                            <title><![CDATA[ ADR ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/adr</link>
                                                                            <description>
                            <![CDATA[ ADRs (American Depositary Receipts) allow US investors to get exposure to shares in foreign companies without the hassle of owning shares denominated in a foreign currency... ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Wed, 30 May 2018 23:14:46 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ AIM ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/aim-2</link>
                                                                            <description>
                            <![CDATA[ The Alternative Investment Market (Aim) was first established in 1995 by the London Stock Exchange as a way for newer firms to gain access to public funds... ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Wed, 30 May 2018 22:13:46 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:45:18 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Alpha ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/alpha-2</link>
                                                                            <description>
                            <![CDATA[ Alpha (which is also known as the alpha coefficient) is a way of analysing the value that an active fund manager... ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Wed, 30 May 2018 21:13:46 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Altman Z Score ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/altman-z-score-2</link>
                                                                            <description>
                            <![CDATA[ Devised in the 1960s by Edward Altman, a Z score indicates the probability of a company entering bankruptcy within the next two years... ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Wed, 30 May 2018 20:13:47 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Amortisation ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/amortisation-2</link>
                                                                            <description>
                            <![CDATA[ Amortisation has two slightly different meanings, depending on whether you’re in America or Britain... ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Wed, 30 May 2018 19:13:47 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Annuity ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/annuity</link>
                                                                            <description>
                            <![CDATA[ What is an annuity and what are the pros and cons of getting one? ]]>
                                                                                                            </description>
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                                                                        <pubDate>Wed, 30 May 2018 18:13:47 +0000</pubDate>                                                                                                                                <updated>Sun, 01 Sep 2024 21:52:42 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                    <category><![CDATA[Pensions]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/eCoTDZy5hafG8vmBoKoFuF-1280-80.jpg">
                                                            <media:credit><![CDATA[Nora Carol Photography]]></media:credit>
                                                                                                                                                                                                                                    <media:description><![CDATA[Pot of money with retirement label on it]]></media:description>                                                            <media:text><![CDATA[Pot of money with retirement label on it]]></media:text>
                                <media:title type="plain"><![CDATA[Pot of money with retirement label on it]]></media:title>
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                                                            <title><![CDATA[ Arbitrage ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/arbitrage</link>
                                                                            <description>
                            <![CDATA[ Arbitrage is a technique used to take advantage of differences in price in substantially identical assets across different markets... ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Wed, 30 May 2018 17:13:47 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Auditor ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/auditor</link>
                                                                            <description>
                            <![CDATA[ The law requires an independent person to sign off that a firm's financial statements are "true and fair" and have been prepared using the relevant legislation... ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Wed, 30 May 2018 16:13:47 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Backwardation ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/backwardation</link>
                                                                            <description>
                            <![CDATA[ If the current cash price for an asset slips above the price for forward delivery,  that's known as 'backwardation'. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 23:13:47 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Balance of payments ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/balance-of-payments</link>
                                                                            <description>
                            <![CDATA[ The balance of payments refers to the accounts that sum up a country's financial position relative to other countries. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 22:13:47 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:48:07 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                </item>
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                                                            <title><![CDATA[ Baltic Dry Index ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/baltic-dry-index</link>
                                                                            <description>
                            <![CDATA[ The Baltic Dry Index is a key barometer of global freight activity – measuring the cost of ferrying raw materials around the planet. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 21:13:48 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bank of England ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bank-of-england</link>
                                                                            <description>
                            <![CDATA[ The Bank of England is the UK's central bank. It started life in 1694 as a private bank set up by London merchants as a vehicle to lend money to the government and to deal with the national debt. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 20:13:48 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:45:39 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ B/C share scheme ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bc-share-scheme</link>
                                                                            <description>
                            <![CDATA[ Companies occasionally hand cash back to shareholders by issuing new types of shares, typically called B shares and C shares ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 19:45:16 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bernanke put ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bernanke-put</link>
                                                                            <description>
                            <![CDATA[ There is a widespread belief that the US central bank can always rescue the economy by decreasing interest rates. Since the current chairman is Ben Bernanke this is known as the 'Bernanke Put' ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 19:13:48 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:46:55 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Beta ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/beta</link>
                                                                            <description>
                            <![CDATA[ Beta (or the 'beta coefficient') is a way to measure the relative riskiness of a share. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 18:13:48 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bid-offer spread ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bid-offer-spread</link>
                                                                            <description>
                            <![CDATA[ The bid-offer spread is simply the difference between the price at which you can buy a share and the price at which you can sell it. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 17:45:02 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bond auction ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bond-auction</link>
                                                                            <description>
                            <![CDATA[ When governments want to raise money, they do so by issuing bills (typically short-term) and bonds (longer term – maturities can reach 30 years or more). ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 16:13:48 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bond duration ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bond-duration</link>
                                                                            <description>
                            <![CDATA[ Duration is a measure of how long it will take to reach a bond's mid point in cash-flow terms. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 15:13:49 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bond rating ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bond-rating</link>
                                                                            <description>
                            <![CDATA[ The risk of default on bonds varies from issuer to issuer. Credit-rating agencies grade bonds to help you gauge their risks. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 14:13:49 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bond vigilantes ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bond-vigilantes</link>
                                                                            <description>
                            <![CDATA[ "If the fiscal and monetary authorities won't regulate the economy, the bond vigilantes will," says economist Ed Yardeni on Bloomberg... ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 13:13:49 +0000</pubDate>                                                                                                                                <updated>Thu, 13 Feb 2025 13:47:06 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bond yields ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bond-yields</link>
                                                                            <description>
                            <![CDATA[ A bond yield is a measure of the return that an investor will receive on their capital. There are different ways to define it, depending on what you measure. ]]>
                                                                                                            </description>
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                                                                        <pubDate>Tue, 29 May 2018 12:13:49 +0000</pubDate>                                                                                                                                <updated>Mon, 23 Mar 2026 11:03:22 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                    <category><![CDATA[Bonds]]></category>
                                                    <category><![CDATA[Investing]]></category>
                                                                                                <author><![CDATA[ moneyweek@futurenet.com (MoneyWeek) ]]></author>                    <dc:creator><![CDATA[ MoneyWeek ]]></dc:creator>                                                                                                    <media:content type="image/jpeg" url="https://cdn.mos.cms.futurecdn.net/gM4eMexJD9krX8UUox3XKL-1280-80.jpg">
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                                                            <title><![CDATA[ Book value ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/book-value</link>
                                                                            <description>
                            <![CDATA[ Book value is the total value of the net assets of a company attributable to - or owned by - shareholders. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 09:13:49 +0000</pubDate>                                                                                                                                <updated>Fri, 10 Apr 2020 09:13:49 +0000</updated>
                                                                                                                                            <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bottom-up investing ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bottom-up-investing</link>
                                                                            <description>
                            <![CDATA[ Bottom-up investing is a strategy that overlooks the significance of industry or economic factors and instead focuses on the analyses of individual stocks and companies. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 08:13:50 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Bovespa ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/bovespa</link>
                                                                            <description>
                            <![CDATA[ The Bovespa is the Brazilian stock market's benchmark index. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 07:13:50 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Break even ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/break-even</link>
                                                                            <description>
                            <![CDATA[ The break-even point on an option is the price that the underlying asset has to hit in order to enable the option buyer (holder) to recover their premium. ]]>
                                                                                                            </description>
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                                                                                                                            <pubDate>Tue, 29 May 2018 06:13:50 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
                                <item>
                                                            <title><![CDATA[ Buyouts and buyins ]]></title>
                                                                                                                                                                                                <link>https://moneyweek.com/glossary/buyouts-and-buyins</link>
                                                                            <description>
                            <![CDATA[ A management buyout (MBO) occurs when the management of a company buys up a controlling interest (often by buying all outstanding shares). ]]>
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                                                                                                                            <pubDate>Tue, 29 May 2018 04:13:50 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Glossary]]></category>
                                                                                                                    <dc:creator><![CDATA[ moneyweek ]]></dc:creator>                                                                                                </item>
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