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Whipsaw Glossary

Currently viewing the definition of: Carpetbagger
 
 
 A building society customer who opens an account in the hope the building society will demutualise and pay a windfall of cash or shares. 
 


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    • Yield Gap
      The yield gap is the difference between the annual yield on long dated gilt edged securities and the annual yield on equities. Both yields are on an average basis.