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    • VWAP
      VWAP is an abbreviation for volume weighted average price. The calculation determines a shares closing price on SETS by dividing the value of trades by the volume.

The Finance Section Glossary

Currently viewing the definition of: Money Purchase
 
 
 A defined contribution pension scheme whereby the investor knows how much they are putting into the fund. The pot of money available at retirement age to purchase a pension is dependant upon investment performance.  
 

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