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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S&P 500

Find out what is the definition of the S&P 500 index.
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Clean price

The quoted price of a gilt, which excludes accrued interest
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Collective investment scheme

Learn what's a collective investment scheme
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OEIC

Unique to the UK, these funds pool together money to invest from multiple investors.
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Know Your Customer (KYC)

A legal requirement for financial firms to understand exactly who their customers are. Used to prevent money laundering and terrorist financing.
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Venture Capital

A type of financing that investors provide to startups, who sometimes announce getting said financing in TechCrunch, to big fanfare.
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Retail Prices Index (RPI)

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.
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Forward pricing

Mutual funds are traded on a forward pricing basis, meaning the price you see will be different to the price you may trade at.
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52-week high/low

The highest, or lowest, price a share has traded at in a passing year.
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