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Accrued interest

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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Balance sheet

A summary of a company's finances, including its assets, liabilities and shareholder equity.
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Oligopoly

A situation in which a market or industry is controlled by a small group of companies.
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Fixed Income

An investment that provides a fixed rate of return, often over a specific set of time.
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Equity ETF

An exchange-traded fund that is comprised of a set of stocks.
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Net asset value

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

Income from an investment as a percentage of its current price.
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Earnings per share

We look at what earnings per share mean and how to calculate it
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After-hours trading

Trading outside of a stock exchange's opening hours.
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Net Income (NI)

The money a firm is left with from sales after subtracting taxes and different business costs.
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