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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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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Zero coupon bonds

What is a zero coupon bond?
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Yield to maturity

What is yield to maturity and why is it useful?
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Value Investing

The art of buying shares which trade below their value, according to the analysis of the value investor.
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Balance sheet

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

A way of calculating compound returns on an investment or savings over a set period of time.
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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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DMO

The United Kingdom Debt Management Office. It’s an executive agency responsible for managing the government’s debt and cash needs, primarily through issuing gilts and Treasury bills.
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After-hours trading

Trading outside of a stock exchange's opening hours.
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