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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

More terms

LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

Yield

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

W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.

Balance sheet

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

Net asset value

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

Junk Bond

A form of debt investment that carries higher risk because of the likelihood that the issuer will default.

Technical Analysis

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

Wall Street

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

Value stocks

Stocks in companies that aren’t necessarily growing fast, but instead are dependable and stable.

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