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

More terms

Bond

Learn what a bond is
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American Depository Receipt (ADRs)

Tradeable assets that let Americans invest in overseas stocks using US laws and dollars.
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Accounting standards

The rules a company follows when preparing financial statements.
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Maturity value

What's the maturity value of a bond?
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Depository

We look at what is a depository and what role they play in keeping markets work.
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Yield curve

A graphical representation of interest rates over time
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Dirty price

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.
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Wall Street

A street in New York that became a figure of speech for the financial markets of the US.
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