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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

SPAC

Find our what a SPAc or special purpose acquisition company is.

Capital

Learn what financial capital means

Running yield

The annual interest payment (dividend) divided by the current market price of a bond.

Bull market

We explain what a 'bull market' means

Alpha

The percentage by which an investor outperforms a relevant benchmark.

Net Asset Value (NAV)

The value of a company's assets relative to the number of shares it has.

Equity

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

Value stocks

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

Time Value of Money

The concept that money you have now is more valuable than the same sum in the future.

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