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

NYSE

The world's largest stock exchange. Wall St HQ.
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Packaged Retail and Insurance-based Investment Product (PRIIP)

An investment where, regardless of its legal form, the amount repayable to the retail investor is subject to fluctuations.
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Equity

The amount of money a company would be left with by subtracting its liabilities from the value of its assets.
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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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Maturity value

What's the maturity value of a bond?
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Money weighted rate of return

Learn what Money Weighted Rate of Return or MWRR stands for in finance.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Hedge Fund

Investment funds that are often associated with riskier and shorter-term trading strategies.
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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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